U.S. banking industry profits plunged by 86 percent in the second quarter and the number of troubled banks jumped to the highest level in about five years as slumps in the housing and credit markets continued. ...more

August 27, 2008

Troubled borrowers with home loans from IndyMac Federal Bank will be able to switch to fixed-rate mortgages under a new plan from federal regulators, who seized the bank last month after it became the largest regulated thrift to fail. ...more

August 21, 2008

Bigger may not always be better, some local bankers think. Smaller community banks have weathered the economic storm better than many of the giant banking institutions, Patriot Bank Chief Executive Officer Stephen G. Zahorian argues. The Trinity-based bank has five branches in West Pasco and North Pinellas ...more

August 13, 2008

The money we keep in the bank is supposed to help us sleep at night, not cause nightmares. ...more

August 7, 2008

NEW YORK (AP) - The Federal Deposit Insurance Corp. said Friday it has taken control of the First Priority Bank of Bradenton and that SunTrust Banks Inc. will assume the bank's deposits. ...more

August 3, 2008

Crippled by millions of dollars in bad loans, First Priority Bank was seized and closed Friday by banking regulators. ...more

August 2, 2008

The First Priority Bank of Bradenton has closed, the Federal Deposit Insurance Corp. and the state Office of Financial Regulation announced today. ...more

August 1, 2008

Customers of two banks closed by federal regulators were assured that every penny of their money was protected, preventing lines of angry accountholders from forming Saturday. ...more

July 27, 2008

After IndyMac Bancorp failed, customers waited in line for hours to collect their money. The police had to be called in to quell the mob. The scenes brought to mind the Great Depression. This time, with satellite TV trucks at the bank's branches, the world watched last week as our financial system took another body blow. ...more

July 22, 2008

Diane Klein wasn't sure what she would trust more to hold her money - IndyMac Bank or a hole in her backyard. ...more

July 17, 2008