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Advanta was a provider of personal and small business loans and credit cards. It filed for bankruptcy in 2009 and its assets were sold to Zions National Bank and Cardworks Servicing.
This web page provides a table of over 90 banks that have failed in the US since the 1970s, based on their assets at the time of failure. It also shows the inflation-adjusted values of the nominal amounts and the years and locations of the failures.
There has only been one bank failure so far in 2024. Republic First Bank (Philadelphia), which did business as Republic Bank, failed April 26. ... Advanta Bank Corp, Draper, Utah. 3/19/2010 ...
The receivership of Washington Mutual Bank by federal regulators on September 26, 2008, was the largest bank failure in U.S. history. Regulators simultaneously brokered the sale of most of the banks's assets to JPMorgan Chase , which planned to write down the value of Washington Mutual's loans at least $31 billion.
A partial list of major banking company mergers in the United States from 1900 to 2019, with the year, acquirer, acquired bank, merged entity, transaction value and ultimate successor. See the details of each merger and the historical context of the banking industry.
After a brief career in retail, Eliason worked for Vanguard Investments and the now-defunct Advanta Bank. He joined Comcast as executive support manager in 2007 during a period of high-profile public relations issues, including an incident in which 76-year-old Comcast customer Monica Shaw destroyed equipment in a Comcast office with a hammer after becoming frustrated by the service she ...
The Federal Deposit Insurance Corporation (FDIC) may assume deposits of banks or allow other banks to assume them. The largest banks to be acquired have been the Merrill Lynch acquisition by Bank of America, the Bear Stearns and Washington Mutual acquisitions by JPMorgan Chase, and the Countrywide Financial acquisition also by Bank of America.
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