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Is there any way the FDIC can take over a bank and not report it?

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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-04-08 02:04 PM
Original message
Is there any way the FDIC can take over a bank and not report it?
My bank where I have been for 20 years all of a sudden has all new employees. Never seen one of them before. I also notice all these new employees who not one of them I recognize are all wearing the same identical government blue blazers. They look like post office personnel or something? Its kind of creepy.

Don

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peacetalksforall Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-04-08 02:06 PM
Response to Original message
1. Was your bank involved in sub-primes? Small or big? Is it a chain exceeding local geographical
Edited on Mon Aug-04-08 02:07 PM by higher class
area or not?
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-04-08 02:07 PM
Response to Original message
2. maybe they got bank uniforms? i really don't know.you'd think they would have to inform customers
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peacetalksforall Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-04-08 02:08 PM
Response to Original message
3. Call your newspaper or local tv station? Talk to one of them?
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Zynx Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-04-08 02:10 PM
Response to Original message
4. No.
The reporting process on this sort of thing is perscribed very carefully.
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Minimus Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-04-08 02:14 PM
Response to Original message
5. No - it has to be reported. Check the following link for info on "failed" banks
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tammywammy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-04-08 02:26 PM
Response to Original message
6. No
Possibly there was a huge turnover in employees.
Possibly your bank got uniforms.
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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-04-08 02:31 PM
Response to Reply #6
8. Or some irregularities were found and it is some other type of federal agency running the place?
Edited on Mon Aug-04-08 02:33 PM by NNN0LHI
I don't know but something isn't right.

Don
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carp Donating Member (47 posts) Send PM | Profile | Ignore Mon Aug-04-08 02:30 PM
Response to Original message
7. Why not just ask the employees who they work for? NT
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bananas Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-04-08 03:19 PM
Response to Reply #7
11. That's the best advice.
You can also talk to the bank manager,
give him a call or talk to him in the bank.
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Wickerman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-04-08 02:36 PM
Response to Original message
9. was "Silver" in the banks name in any way? n/t
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JHB Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-04-08 02:46 PM
Response to Reply #9
10. Aww, you're just makin' much "ado" about nuthin'...
Edited on Mon Aug-04-08 02:49 PM by JHB
:evilgrin:
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mdmc Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-08-08 11:53 AM
Response to Original message
12. kick
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