Another bank is robbed, this time in L. 6 million in uninsured deposit forex melalui bank bridgeport deposits at risk. 144 million at the time of its closing.
Royal Savings Bank sought to buy all of the deposits in an auction, but the Federal Deposit Insurance Corp. Leonard Szwajkowski, president and CEO of Royal Savings Bank. The FDIC began recruiting new owners for Washington Federal on Dec. Royal was one of seven bidders. 5 million loss on the sale of its assets, FDIC spokesman David Barr said.
Washington Federal was a family-run bank throughout its history. John Gembara, 56, CEO and president of Washington Federal, whose grandfather launched the Bridegport institution in 1913, died Dec. The cause of death was suicide, according to the Cook County medical examiner’s office. His family did not respond Monday to a request for comment. It is the first time since 2009 that an acquiring bank did not take on all of the deposits of a failed bank, including the uninsured deposits, according to the FDIC.
250,000 in savings at Washington Federal forced to file as creditors when the FDIC attempts to sell the bank’s assets. 250,000 should contact the FDIC at 877-367-2718 to discuss their deposits and file a claim. It’s something that customers need to be aware of that anytime a bank fails, only the insured deposits could be protected,” Barr said. 250,000 in a bank, to make sure that they structure it properly to take full advantage of deposit insurance limits. Barr said the depositors will be the first creditors to be made whole by any asset sales. But there is no guarantee they will recoup any or all of their savings.