Relevant:
- Imploded: Atlantic Bank and Trust, Charleston, South Carolina
- Imploded: Woodlands Bank, Bluffton, South Carolina
- Imploded: Williamsburg First National Bank, Kingstree, South Carolina
- Imploded: CommunitySouth Bank and Trust, Easley, South Carolina
- Imploded: Blue Ridge Savings Bank, Inc., Asheville, North Carolina
2012-06-09 — bankimplode.com
Carolina Federal Savings Bank, Charleston, South Carolina, becomes the 26th FDIC casualty of the year 2012. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $15.2 million.Read our full coverage here.
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