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Updated over 16 years ago on . Most recent reply

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Joshua Dorkin
#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Founder
  • Maui, HI
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Real Estate News & Current Events

BREAKING: FDIC takes over 2 More Banks, Closes 28 Branches

Joshua Dorkin
#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Founder
  • Maui, HI
Posted

News broke early this morning that the FDIC took over 1st National Bank of Nevada and First Heritage Bank, closing 28 branches. The closures follow the recent demise of IndyMac bank several weeks ago, and are another sign of things to come.

According to the AP:

Any predictions on the next banks to fall?

  • Joshua Dorkin
  • Podcast Guest on Show #100
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