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U.S. closes Home Federal Savings in Detroit

reuters.com
Nov 7, 2009
 
Story Timeline:  15 days

WASHINGTON (Reuters) - Bank regulators closed Home Federal Savings Bank, of Detroit, on Friday, the 117th U.S. bank to fail this year as deteriorating loans continue to take their toll on financial institutions. [read full story]                    

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Latest article on this story:

Liberty Bank expands into Detroit with acquisition

 neworleanscitybusiness.com Nov 7, 2009
First article on this story:

Detroit's Home Federal Savings 117th bank failure

 marketwatch.com Nov 6, 2009
Selected publications with coverage of this story:
ibtimes.com calculatedrisk.blogspot.com reuters.com marketwatch.com neworleanscitybusiness.com yahoo.com eleconomista.es detnews.com
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Liberty Bank expands into Detroit with acquisition

neworleanscitybusiness.com
Nov 7, 2009
 

by CityBusiness staff reports Liberty Bank and Trust Co., has acquired Home Federal Savings Bank located in Detroit, the New Orleans-based commercial bank announced Friday. The acquisition is a continuation of Liberty's rapid...

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U.S. closes Home Federal Savings in Detroit

ibtimes.com
Nov 7, 2009
 

WASHINGTON - Bank regulators closed Home Federal Savings Bank, of Detroit, on Friday, the 117th U.S. bank to fail this year as deteriorating loans continue to take their toll on financial institutions. The Federal Deposit...

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Home Federal Savings Bank third to fail in Michigan this year

detnews.com
Nov 7, 2009
 

Brian J. O'Connor / Detroit News Finance Editor Bank regulators seized and sold Detroit's Home Federal Savings Bank on Friday night, arranging for Liberty Bank and Trust Co. of New Orleans to assume all of the deposits. Home...

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U.S. closes Home Federal Savings in Detroit

eleconomista.es
Nov 7, 2009
 

WASHINGTON (Reuters) - Bank regulators closed Home Federal Savings Bank, of Detroit, on Friday, the 117th U.S. bank to fail this year as deteriorating loans continue to take their toll on financial institutions.

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U.S. closes Home Federal Savings in Detroit (Reuters)

yahoo.com
Nov 6, 2009
 

WASHINGTON (Reuters) – Bank regulators closed Home Federal Savings Bank, of Detroit, on Friday, the 117th U.S. bank to fail this year as deteriorating loans continue to take their toll on financial institutions. The Federal...

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Bank Failure #117: Home Federal Savings Bank, Detroit, Michigan

calculatedrisk.blogspot.com
Nov 6, 2009
 

Motor City crash. Home Federal has spun out. Bagholders totaled by Soylent Green is People From the FDIC: Liberty Bank and Trust Company, New Orleans, Louisiana, Assumes All of the Deposits of Home Federal Savings Bank,...

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Detroit's Home Federal Savings 117th bank failure

marketwatch.com
Nov 6, 2009
 

SAN FRANCISCO (MarketWatch) -- The Office of Thrift Supervision on Friday shut down Home Federal Savings Bank of Detroit, Michigan, making it the 117th bank closure of 2009. All deposit accounts have been transferred to Liberty...

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