205 Another One Bites The Dust !!! Citizens Bank just Failed.. FDIC Just Reported !!! 👀👀 (www.fdic.gov) 💥 BANK COLLAPSE 💥 posted 1 year ago by Oldpatriot 1 year ago by Oldpatriot +206 / -1 FDIC: Failed Bank List Look up information on failed banks, including how your accounts and loans are affected and how vendors can file claims against receivership. 29 comments share 29 comments share save hide report block hide replies
It's a regional bank in Iowa with two locations: https://thedeepdive.ca/citizens-bank-sac-city-fifth-bank-in-the-us-to-be-shuttered-this-year/
we have some of those here in MI too
From Nobody Special Finance, it looks like what took down Citizens Bank in Iowa was their Commercial Trucking Loan Portfolio (start about 5:30 min in)
https://www.youtube.com/watch?v=OC7G-n18q6E
BANK REG BLOG - A Bank Failure in Iowa - Fifth bank to fail this year
https://bankregblog.substack.com/p/a-bank-failure-in-iowa