Bank Failures in Brief
There has been 2 bank failures in 2017. The list of Bank Failures in Brief is updated through January 27, 2017, the date of the last bank closing. Please address questions on this subject to the Customer Service Hotline (Telephone: 1-888-206-4662).
- Seaway Bank and Trust Company, Chicago, IL with approximately $361.2 million in total assets and $307.1 million in total deposits was closed. State Bank of Texas has agreed to assume all deposits.
- Harvest Community Bank, Pennsville, NJ with approximately $126.4 million in total assets and $123.8 million in total deposits was closed. First-Citizens Bank & Trust Company has agreed to assume all deposits.