Alpharetta-based Integrity bank fails
ajc.com (Free subscription) | yesterday
The Federal Deposit Insurance Corp. on Friday shut down Integrity bank, a troubled local lender hurt by the real estate crisis.
ajc.com (Free subscription) | yesterday
The Federal Deposit Insurance Corp. on Friday shut down Integrity bank, a troubled local lender hurt by the real estate crisis.
Calculated Risk (Free subscription) | yesterday
From the FDIC: Regions Bank Acquires All the Deposits of Integrity Bank, Alpharetta, GeorgiaIntegrity Bank, Alpharetta, Georgia, with $1.1 billion in total assets and $974.0 million in total deposits as of June 30, 2008, was closed today by the Georgia Department of Banking and Finance, and the Federal Deposit Insurance Corporation was named receiver. The FDIC Board of Directors today...
Politics in the Zeros (Free subscription) | 13 hours ago
FDIC takes over Integrity Bank of Alpharetta, GA.
The Street (Free subscription) | 14 hours ago
Integrity Bank of Alpharetta, Ga. is the tenth bank failure so far this year.
Market Watch (Free subscription) | 15 hours ago
Alpharetta, Georgia-based Integrity Bank has been closed by regulators and its assets have been transferred to Regions Financial Corp.
naked capitalism (Free subscription) | 8 hours ago
Some of the usual suspects have dutifully noted the closure of $1.1 billion in assets Integrity Bank of Alpharetta, Georgia (weirdly, the links at the Wall Street Journal to two stories lead only to "Page Not Available"). The plot is already familiar: the Friday night, FDIC prepack, in this case, with Birmingham, Alabama-based Regions bank assuming all $974 million of deposits and $34 million...
Baltimore Sun (Free subscription) | 9 hours ago
NEW YORK Integrity Bank of Alpharetta, Ga., yesterday became the 10th U.S. bank to fail so far this year. Regions Bank of Birmingham, Ala., is assuming all of Integrity Bank's $974 million in insured and uninsured deposits, and about $34.4 million of the bank's $1.1 billion in assets. "We felt it was important to assume both insured and uninsured deposits, and we believe it is our responsibility...
The Huffington Post (Free subscription) | 10 hours ago
Integrity Bank of Alpharetta, Ga., on Friday became the 10th U.S. bank to fail so far this year, done in by the very business it was built on -- real estate lending. Regions Bank of Birmingham, Ala., is assuming all of Integrity Bank's $974 million in insured and uninsured deposits in 23,000 accounts, and about $34.4 million of the bank's $1.1 billion in assets. ADVERTISEMENT The remainder of...
Houston Chronicle (Free subscription) | 7 hours ago
Integrity Bank of Alpharetta, Ga., on Friday became the 10th U.S. bank to fail so far this year.
LA Times (Free subscription) | yesterday
NEW YORK -- The Federal Deposit Insurance Corp. says Integrity Bank of Alpharetta, Ga., has become the 10th U.S. bank to fail so far this year.
Market Watch (Free subscription) | yesterday
SAN FRANCISCO (MarketWatch) -- Integrity Bank of Alpharetta, Ga., with $1.1 billion in assets and $974 million in deposits, was closed Friday by the Georgia Department of Banking and Finance and the Federal Deposit Insurance Corp. was named receiver. This marks the 10th U.S. bank failure so far this year. All deposit accounts have been transferred to Regions Bank of Birmingham, Ala. and depositors...
NewsObserver.com - Business (Free subscription) | 7 hours ago
Integrity Bank of Alpharetta, Ga., on Friday became the 10th U.S. bank to fail so far this year.
Indy Star (Free subscription) | 8 hours ago
NEW YORK ยป Integrity Bank of Alpharetta, Ga., on Friday became the 10th U.S. bank to fail this year, done in by the very business it was built on -- real estate lending. Regions Bank of Birmingham, Ala., is assuming all of Integrity Bank's $974 million in insured and uninsured deposits in 23,000 accounts, and about $34.4 million of the bank's $1.
Law Blog - WSJ.com (Free subscription) | yesterday
State regulators shut down Integrity Bancshares of Alpharetta, Ga., and sold all deposits to Birmingham, Ala.-based Regions Financial, marking the 10th U.S. bank failure this year.
cryptogon.com (Free subscription) | 11 hours ago
Via: Bloomberg: Integrity Bank of Alpharetta, Georgia, was closed by U.S. regulators today, the 10th bank to collapse this year amid a surge in soured real-estate loans stemming from the worst housing slump since the Great Depression. Integrity Bank, with $1.1 billion in assets and $974 million in deposits, was shuttered by the Georgia Department of Banking [...]