New bank failure incoming? FDIC held a CLOSED meeting at 3:12 pm yesterday to consider matters related to the Corporation’s supervision, corporate, and resolution activities.

FDIC held a CLOSED meeting at 3:12 pm yesterday to consider resolution activities.
FDIC held a CLOSED meeting at 3:12 pm yesterday to consider resolution activities.
Matter Considered
Source: https://public-inspection.federalregister.gov/2023-28472.pdf

Back in July a similar meeting was held before it was announced Heartland Tri-State Bank of Elkhart, Kansas, was closed.

r/Superstonk - Bank fail Friday incoming? FDIC announces meeting that occurred yesterday to consider, among other things 'resolution activities'. Last time this happened (7/27), Heartland Bank failed (7/28). Bank Fail Friday coming up?

Things that make you go hmmm...

TLDRS:

  • FDIC held a CLOSED meeting yesterday about resolution matters that the public interest did not require consideration of the matters in a meeting open to public observation.
  • I show Heartland Tri-State Bank of Elkhart, Kansas failed after a similar meeting like yesterday.
  • Fresh bank fail incoming?
Good Day!

Reddit Post

Tweet