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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.

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– bcfromfl 17 points 1 year ago +17 / -0

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/

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– wasupwitdis 6 points 1 year ago +6 / -0

we have some of those here in MI too

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– CoolAsACucumber 4 points 1 year ago +4 / -0

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

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