bank closing


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Noun1.bank closing - act of closing down a bank because of a fiscal emergency or failure
closedown, shutdown, closing, closure - termination of operations; "they regretted the closure of the day care center"
References in periodicals archive ?
With 5,644,463 shares of common stock outstanding, the combined bank will have a market capitalisation of USD 86m based on the little bank closing price of USD 15.
Summary: Reader complaints against bank closing her account without prior notice
Open Market Rates: Inter-bank market rates were not issued due to bank closing.
Global Banking News-3 February 2009-First Security Bank closing two branches(C)2009 ENPublishing - http://www.
We couldn't pay people and we couldn't get money in or out of the country" To aggravate matters, the bank closing coincided with payday leaving the firm with more than 1,000 grumpy workers.
The Amos analysis is original in its addressing of the heretofore largely ignored issue of the causes of interregional bank closing rate differentials.
EGP is significant with the expected sign, implying that states with a larger proportion of their state product deriving from oil and natural gas extraction had a higher bank closing rate.
The bank closing is subject to banking authority approval.
As of September, the FDIC estimated $100 billion would be needed for bank closings between 2009 and 2013, Williams-Young said.
Recent mergers and bank closings in the Reno/Sparks and Carson City areas have left both business and personal banking clients with limited community banks with which to do business.