The unexpected failure of First National Bank of Lindsay, Oklahoma, was a failure connected with potential fraud and significant losses for uninsured depositors. Only two bank failures in 2024 reflect ...

LOS ANGELES -- President Biden says the American banking system remains safe following the collapse of two U.S. banks, but the failures have nonetheless created concern among customers who hold their ...

Most people still rely on banks for most of their financial needs: In fact, 96 percent of the country has at least one bank or credit union account. (And if you use a bank to deposit your salary and ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

On Friday, Oct. 18, the First National Bank of Lindsay in south central Oklahoma, was reported closed by the Department of Treasury’s Office of Comptroller of the Currency over “false and deceptive” ...

In the first six months of 2025, two small banks failed. The Santa Anna National Bank in Texas, which had $63.8 million in ...

The New York Fed's study on bank failures reveals predictable patterns using accounting metrics, highlighting rising losses, non-core funding reliance, and boom-bust cycles. Larger banks face ...

A bank failure occurs when a state or federal regulator closes it, typically after determining that it’s insolvent. When this happens, the Federal Deposit Insurance Corp. (FDIC) steps in to cover ...

As Peapack Private Bank & Trust looks to capitalize on the lending void left by Signature Bank’s 2023 collapse, former Signature executive Joseph Fingerman told Commercial Observer he’s reflecting on ...

The Santa Anna National Bank in Texas was shut down Friday by the Office of the Comptroller of the Currency, marking the second bank failure of 2025. Processing Content The Federal Deposit Insurance ...

The voluminous resolution plans banks are required to submit to regulators are often set aside in the case of actual bank failures. There are far more efficient ways to ensure orderly bank resolutions ...

Jeff Somers is a freelancer who has been writing about writing, books, personal finance, and home maintenance since 2012. When not writing, Jeff spends his free time fixing up his old house. He has ...