Showing posts with label The Great Bank Meltdown. Show all posts
Showing posts with label The Great Bank Meltdown. Show all posts

Friday, February 20, 2009

Silver Falls Bank EATED

Fourteenth Bank Failure of 2009 nationally. Second for Oregon.

All three Branches will reopen as branches of Corvallis-based Citizens Bank on Monday.

Saturday, February 14, 2009

Pinnacle Bank of Beaverton EATED (Updated)

(with apologies for stealing this format from the great Eschaton)

The one-branch Pinnacle Bank of Beaverton: EATED by the Feds.

First Oregon bank EATED in 17 Years, according to The Oregonian.

Doing the math, we find one-branch minus one-branch equals zero branches.

Updated: This is the Wayback Machine's last snapshot of Pinnacle Banks' webpage, generated in October 2007. Is it just me, or did the entire banking "industry" start to go downhill when the services they provided become "products"? Deposit products? Whatever the hell is that supposed to be?