2025-01-25 01:06:43

Bank Abruptly Shut Down by US Authorities in First Bank Failure of 2025

US regulators have abruptly shut down a bank in Illinois in the first bank failure of 2025. The Federal Deposit Insurance Corporation (FDIC) says the Illinois Department of Financial and Professional Regulation (IDFPR) has closed Pulaski Savings Bank. The FDIC has been appointed as the receiver and has transferred all deposit accounts and most of […] The post Bank Abruptly Shut Down by US Authorities in First Bank Failure of 2025 appeared first on The Daily Hodl.
https://dailyhodl.com/2025/01/24/bank-abruptly-shut-down-by-us-authorities-in-first-bank-failure-of-2025/

Author Public Key

npub1qdx9z0fx4t3h2ssas30g92qsew9h5sq985cy0gcvplhk447vtqtqjdy4kv

Show more details

Published at

2025-01-25 01:06:43

Kind type

1 Short Text Note

Event JSON

{ "id": "d9f84b911bd8e33031d0a130994d1310ba19a4da351e96e381c1ecf67a7d485e", "pubkey": "034c513d26aae375421d845e82a810cb8b7a40053d3047a30c0fef6ad7cc5816", "created_at": 1737767203, "kind": 1, "tags": [ [ "r", "https://dailyhodl.com/2025/01/24/bank-abruptly-shut-down-by-us-authorities-in-first-bank-failure-of-2025/" ], [ "subject", "Bank Abruptly Shut Down by US Authorities in First Bank Failure of 2025" ], [ "published_at", "1737767063" ], [ "image", "https://dailyhodl.com/wp-content/uploads/2025/01/bank-collapse-fail.jpg?w=1024" ], [ "p", "034c513d26aae375421d845e82a810cb8b7a40053d3047a30c0fef6ad7cc5816", "wss://relay-testnet.k8s.layer3.news" ], [ "imeta", "url https://dailyhodl.com/wp-content/uploads/2025/01/bank-collapse-fail.jpg?w=1024" ], [ "t", "crypto:perspective" ], [ "summary", "The Federal Deposit Insurance Corporation (FDIC) has appointed itself as the receiver and transferred the bank's assets to Millennium Bank. The FDIC will pay $28.5 million from its Deposit Insurance Fund to cover the cost of the failure. The bank had $49.5 million in total assets and $42.7 million in total deposits as of September." ] ], "content": "nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgqrf3gn6f42ud65y8vyt6p2syxt3dayqpfaxpr6xrq0aa4d0nzczc6wrnrs\nhttps://dailyhodl.com/wp-content/uploads/2025/01/bank-collapse-fail.jpg?w=1024\nUS regulators have abruptly shut down a bank in Illinois in the first bank failure of 2025. The Federal Deposit Insurance Corporation (FDIC) says the Illinois Department of Financial and Professional Regulation (IDFPR) has closed Pulaski Savings Bank. The FDIC has been appointed as the receiver and has transferred all deposit accounts and most of […] The post Bank Abruptly Shut Down by US Authorities in First Bank Failure of 2025 appeared first on The Daily Hodl.\nhttps://dailyhodl.com/2025/01/24/bank-abruptly-shut-down-by-us-authorities-in-first-bank-failure-of-2025/", "sig": "ff90520cacbeed08ef6be7f5e75eb018c1c194a2a3260ed2dc10fb2c0d20d230da873ca04c54e011da3e71e05f991c47fce18af5f1a45027c03c7d6d5819cd82" }