Relevant:
- Imploded: Carolina Federal Savings Bank, Charleston, South Carolina
- Imploded: Williamsburg First National Bank, Kingstree, South Carolina
- Imploded: Atlantic Bank and Trust, Charleston, South Carolina
- Imploded: CommunitySouth Bank and Trust, Easley, South Carolina
- Imploded: Bank of Asheville, Asheville, North Carolina
2010-07-16 — bankimplode.com
Woodlands Bank, Bluffton, South Carolina, is the FDIC’s dead beat bank number 91 of the the year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $115.0 million.
Read our full coverage here.
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