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News for the Carolinas
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Friday, June 08, 2012
The Federal Deposit Insurance Corp. on Friday took over Carolina Federal Savings Bank of Charleston, S.C., and sold most of the assets to Bank of North Carolina, based in Thomasville, N.C. The closed bank's two branches will reopen Monday under the name BNC Bank.
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Tuesday, June 07, 2011
Atlantic Bank & Trust has failed and been acquired by First Citizens Bank and Trust Company, Inc.
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Friday, July 23, 2010
U.S. bank failures this year have surpassed a bleak milestone of 100 as regulators shut down banks in Georgia, Florida, South Carolina, Kansas, Nevada, Minnesota and Oregon.
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Wednesday, July 21, 2010
Thanks to the overhaul of financial rules becoming law Wednesday, the Federal Deposit Insurance Corp. can truthfully say "the check is in the mail" to about 9,500 customers of banks that failed in 2008.
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Monday, April 12, 2010
Beach First National Bank opened under a new owner Monday, just three days after it was shut down by the FDIC.
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Friday, April 09, 2010
Beach First National Bank, Myrtle Beach, South Carolina, was closed Friday by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.
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