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Deposit premiums could rise at 20% of banks with up to $10 billion in assets. Many of those banks could rethink asset concentrations that would trigger higher assessments.
July 9 -
The Greek debt crisis and China's stock-market crash may put downward pressure on interest rates and delay the Fed's interest rate hike, and they are adding uncertainty at a time when lenders thought recovery would be taking hold.
July 7 -
Colorado has named a new state banking commissioner, after an interim commissioner has held the job for almost 18 months.
June 26
Colorado state regulators on Friday closed the $31.7 million-asset Premier Bank in Denver.
The failed bank's operations, which include two branches, were sold to United Fidelity Bank in Evansville, Ind. The buyer agreed to assume all of Premier's $29.6 million deposits and will purchase essentially all of the bank's assets. The bank will reopen during normal business hours as United Fidelity Bank.
The failure, the sixth of 2015, is estimated to cost the Federal Deposit Insurance Corp. $4.4 million. Premier is the first Colorado institution to fail since Community Banks of Colorado in Greenwood Village in 2011.