Regulators on Thursday shut down LibertyPointe Bank in New York City, boosting to 27 the number of bank failures in the U.S. so far this year following the 140 brought down in 2009 by mounting loan defaults and the recession.
from http://www.libertypointebank.com/
On Thursday, March 11, 2010, LibertyPointe Bank, New York, NY was closed by the New York State Banking Department. Subsequently, the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed.
All deposit accounts have been transferred to Valley National Bank, Wayne, NJ. For more information on Valley National Bank, visit us at www.ValleyNationalBank.com.
The FDIC has assembled useful information regarding your relationship with LibertyPointe Bank. Besides a checking account, you may have Certificates of Deposit, a business checking account, a Social Security direct deposit, and other relationships with the institution.
Please select the link below to read more about this event:
FDIC Bank Closing Information for LibertyPointe Bank
Online service will remain available.
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