Illinois: First National of Beardstown Assumes Deposits of First State, Winchester

July 2 - The First State Bank of Winchester, Winchester, Illinois, has been closed by the Illinois Department of Financial and Professional Regulation, Division of Banking, which appointed the... >>more

Illinois: State Bank of Lincoln Assumes Deposits of the John Warner Bank

July 2 - The John Warner Bank, Clinton, Illinois, has been closed by the Illinois Department of Financial and Professional Regulation, Division of Banking, which appointed the Federal Deposit... >>more

FDIC Board Approves Proposed Policy Statement on Qualifications for Failed Bank Acquisitions

July 2 - The FDIC Board has authorized publication of a Proposed Statement of Policy on Qualifications for Failed Bank Acquisitions. This proposed policy statement would provide guidance to private... >>more

Agencies Publish Final Rules and Guidelines to Promote Accurate Reports About Consumers

July 2 - The federal financial regulatory agencies and the Federal Trade Commission have published final rules and guidelines to promote the accuracy and integrity of information furnished to credit... >>more

Freddie Mac: Lower Long-Term Rates a Help to Housing Market

July 2 - Freddie Mac (NYSE:FRE) has released the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage averaged 5.32 percent with an average 0.7 point for the week... >>more