Topic: Federal Deposit Insurance Corporation
Regulators shut small Minnesota bank, 16th in 2010
AP News
Regulators shut down small bank in Minnesota, making 16 US bank failures this yearRegulators have shut down a small bank in Minnesota, bringing to 16 the number of bank failures in the U.S. so far in 2010 following the 140 brought down last year by rising loan defaults and ...
Regulators urge loans to creditworthy small firms
AP News
Regulators urge banks to make loans to creditworthy small businesses to aid economic recoveryRegulators are urging banks to make loans to creditworthy small businesses, a move that would support the economic recovery. Small businesses have had an especially hard time getting loans. That has crimped their ability to expand operations ...
Startup Kwedit aims at 'unbanked,' credit-less
AP News
Startup wants to extend 'Kwedit' to people without credit or debit cardsA new startup called Kwedit wants to help teenagers and other people without credit or debit cards buy virtual goods online. If it catches on, Kwedit could broaden the market for virtual items and even teach kids about real ...
Regulators shut down banks in 5 states
AP News
Regulators shutter banks in Calif., Fla., Ga., Minn., Wash., totaling 15 bank failures in 2010Regulators shut down a big bank in California on Friday, along with two banks in Georgia and one each in Florida, Minnesota and Washington. That brought to 15 the number of bank failures so far in ...
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