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IFC Indian Film

107.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Indian Film LSE:IFC London Ordinary Share GG00B1VX1S93 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 107.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

FDIC: Irwin Union Bank & Trust Of Columbus, Ind., Closed

18/09/2009 10:55pm

Dow Jones News


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Regulators have closed two banks controlled by an Indiana-based company.

The Federal Deposit Insurance Corp. said the banks were Irwin Union Bank, F.S.B., Louisville, Ky., and Irwin Union Bank and Trust Company, Columbus, Ind.

The lenders are subsidiaries of Irwin Financial Corp. (IFC), of Columbus, Ind.

The FDIC was named as the receiver. To protect depositors, the FDIC entered into an agreement with First Financial Bank, National Association, of Hamilton, Ohio, to assume all of the deposits of the two banks.

Irwin Union Bank and Trust Company was closed by the Indiana Department of Financial Institutions. As of Aug. 31, it had total assets of $2.7 billion and total deposits of approximately $2.1 billion.

Irwin Union Bank was closed by the Office of Thrift Supervision. As of Aug. 31, it had total assets of $493 million and total deposits of approximately $441 million.

-By Jeff Bater, Dow Jones Newswires; 202-862-9249; jeff.bater@dowjones.com

 
 

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