No advance notice is given to the public when a financial institution is closed:
On Friday, November 13, 2009, the Florida Office of Financial Regulation closed Orion Bank, Naples, FL. Subsequently, the Federal Deposit Insurance Corporation (FDIC) was named Receiver.
To see if your bank might be in trouble, check the bank's star rating. To see who has been embezzling at banks recently (like at First Bank of Jacksonville and Capital City Bank) check out this list. There have been 6 removals of Financial Institution Staff in 2009 as reported by the Florida Office of Financial Regulation. In all the other years there have been 3 or less. Is embezzling on the rise at financial institutions or is oversight better?
1 comment:
Colonial Bank closed and opened as BBGT (or something like that).. the clients weren't told. They just plastered banners on top of all the other signs.
Of course, Bank of America took over my mortgage without my input... and changed my due date this past week without telling me. And then locked the online pay system so I would HAVE to pay late.
I think they are criminals to pretend that things like that were accidents... they did this on the day that most of the second wave of "due" mortgages would be paid... they could have picked another week, but this day gave them a way to charge service phone call fees (telephone payments are $20) and late charges on the mortgage. Nasty Corrupt Banks.
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