Federal Regulators Close Santa Anna National Bank; Coleman County State Bank Takes Over Deposits
Closure of Santa Anna National Bank Santa Anna National Bank, a longtime fixture in Santa Anna since 1933, was shut down on Friday by the Secretary of Currency, becoming the first Texas bank failure of 2025. The Federal Deposit Insurance Corporation (FDIC) has taken over, announcing that Coleman County State Bank, based in Coleman, Texas, […]
Coleman County State Bank in Coleman, TX, takes over the insured deposits of The Santa Anna National Bank in Santa Anna, TX.
Santa Anna National Bank Closed Washington – Santa Anna National Bank, located in Santa Anna, Texas, was shut down today. The Office of the Comptroller of the Currency (OCC) appointed the Federal Deposit Insurance Corporation (FDIC) to take over. The FDIC has entered into a purchase and assumption arrangement with Coleman County State Bank, based […]
JPMorgan Chase and Coinbase Join Forces to Introduce a New Token for Institutional Deposits
The largest bank in the U.S., JPMorgan Chase, has recently made a notable entry into the cryptocurrency market by introducing its own digital currency, called JPMD. Announced on Tuesday, the bank aims to pilot JPMD in partnership with U.S.-based cryptocurrency exchange Coinbase, illustrating its commitment to innovation in finance. A new era of deposit tokens? […]
NJ cop stole huge stash of drugs from evidence room and made $600K in questionable bank deposits: prosecutors
A New Jersey State Police Deputy, arrested on suspicion of swiping drugs from the county prosecutor's evidence room, was slapped on a 50-count indictment detailing the misdeeds of the fallen officer, including $600,000 in bank deposits that were not obtained from his officer's salary. Kevin T. Matthew, 48, of Cedar Grove, has been suspended from […]
Capital One technical issues cause delayed direct deposits for thousands – LEX 18 News – Lexington, KY
(LEX 18) — Tens of thousands of Capitol One customers are losing their direct deposits, and the company is calling it a third-party vendor issue. Ronnie Davis, of Somerset, is one such customer. He was paid nothing Wednesday, Thursday and today. “We have other money to make up for it, but it's still my money,” […]
Pulaski Savings Bank fails, Millennium Bank assumes deposits – American Banker
Pulaski Savings Bank, a Chicago-based community bank with $49.5 million in assets, was shut down Friday by the Illinois Department of Financial and Professional Regulation. The Federal Deposit Insurance Corporation was appointed receiver, and all of the bank's $42.7 million in deposits were transferred to nearby Des Plaines Millennium Bank in Illinois. “Millennium Bank has […]
Capital One dealing with service disruption, mostly related to deposits – ABC News
Capital One's service continued to be disrupted on Friday, with some customers complaining that they couldn't see their deposits. As of 8:04 a.m. ET, there were about 3,400 reported outages, according to Downdetector. This is up from about 2,100 cases reported early Thursday. Most of the complaints seem to be coming from the eastern half […]
Capital One customers report direct deposits not showing up in their bank accounts – CBS News
Capital One is working to resolve technical issues after thousands of customers reported issues with direct deposit on Thursday. As of Thursday morning, more than 2,000 people reported issues with Capital One's banking operations. down detectoran online service that tracks technical failures. The issue subsided somewhat by late afternoon, with just over 1,700 outage reports […]
Capital One acknowledges 'outage' as users report issues accessing deposits – NBC News
Capital One said some users have reported issues with direct deposits, and unspecified technical issues are preventing access to customer accounts. according to Complaints on social media platform Xa Capital One representative said the bank had experienced a “technical outage” impacting “various functions” and there was no timetable for service restoration. Late Thursday, the company […]
Digital, Deposits and Delinquencies In Focus as Banks Kick Off Earnings Season – PYMNTS.com
Every 3 months Several major companies in the banking industry announced their financial results on the same day, and an avalanche of quarterly reports were released by all companies. how to do Sector. The roster is almost always the same. JP Morgan — Largest bank by assets — citygroup and wells fargo First out of […]