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Final closure of depositors' compensation scheme after 2008 bank collapse

Summary by Manx Radio
The collapse of the bank sent shockwaves through the sector
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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American BankerAmerican Banker

OCC shutters small Texas bank due to suspected fraud

The Santa Anna National Bank in Central Texas' collapse — the second of 2025 — will cost the FDIC nearly $24 million, the regulator estimated Friday.

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Manx RadioManx Radio

Final closure of depositors' compensation scheme after 2008 bank collapse

The collapse of the bank sent shockwaves through the sector

Read Full Article
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Manx Radio broke the news in on Friday, June 27, 2025.
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