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	<title>Comments on: Florida Banks Failing?</title>
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		<title>By: victory1project</title>
		<link>http://victory1project.wordpress.com/2008/09/27/florida-banks-failing/#comment-601</link>
		<dc:creator>victory1project</dc:creator>
		<pubDate>Fri, 23 Oct 2009 03:46:17 +0000</pubDate>
		<guid isPermaLink="false">http://victory1project.wordpress.com/?p=104#comment-601</guid>
		<description>Carolina First is based in Greenville SC and is rated a (D)
Mercantile Bank has several offices:
Illinois Rated (D+)
Missouri Rated (A)
Michigan Rated ( D-)
No South Carolina. 
About Capital Bank - there are 4:
Jacksonville Rated (E+)
Sunrise Rated (D)
Marianna Rated (D)
Ft. Myers Rated (D)

You might want to ask the Capital Bank in Starke, what office is their corporate office. Hope that helps.</description>
		<content:encoded><![CDATA[<p>Carolina First is based in Greenville SC and is rated a (D)<br />
Mercantile Bank has several offices:<br />
Illinois Rated (D+)<br />
Missouri Rated (A)<br />
Michigan Rated ( D-)<br />
No South Carolina.<br />
About Capital Bank &#8211; there are 4:<br />
Jacksonville Rated (E+)<br />
Sunrise Rated (D)<br />
Marianna Rated (D)<br />
Ft. Myers Rated (D)</p>
<p>You might want to ask the Capital Bank in Starke, what office is their corporate office. Hope that helps.</p>
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		<title>By: Vera Hazen</title>
		<link>http://victory1project.wordpress.com/2008/09/27/florida-banks-failing/#comment-599</link>
		<dc:creator>Vera Hazen</dc:creator>
		<pubDate>Thu, 22 Oct 2009 22:52:56 +0000</pubDate>
		<guid isPermaLink="false">http://victory1project.wordpress.com/?p=104#comment-599</guid>
		<description>I am also interested in  &quot;Capital Bank&quot; located in Starke,Florida 352 N. Temple Ave.Fl.  32091</description>
		<content:encoded><![CDATA[<p>I am also interested in  &#8220;Capital Bank&#8221; located in Starke,Florida 352 N. Temple Ave.Fl.  32091</p>
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		<title>By: Vera Hazen</title>
		<link>http://victory1project.wordpress.com/2008/09/27/florida-banks-failing/#comment-597</link>
		<dc:creator>Vera Hazen</dc:creator>
		<pubDate>Thu, 22 Oct 2009 14:53:07 +0000</pubDate>
		<guid isPermaLink="false">http://victory1project.wordpress.com/?p=104#comment-597</guid>
		<description>Would you give me a rating for Mercantile Bank in Starke,Fla.606 West Madison St. zip 32091 (a div. of Carolina First Bank)</description>
		<content:encoded><![CDATA[<p>Would you give me a rating for Mercantile Bank in Starke,Fla.606 West Madison St. zip 32091 (a div. of Carolina First Bank)</p>
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	<item>
		<title>By: victory1project</title>
		<link>http://victory1project.wordpress.com/2008/09/27/florida-banks-failing/#comment-516</link>
		<dc:creator>victory1project</dc:creator>
		<pubDate>Wed, 16 Sep 2009 17:36:16 +0000</pubDate>
		<guid isPermaLink="false">http://victory1project.wordpress.com/?p=104#comment-516</guid>
		<description>You need to re-check the corporate name of the bank. If you have read our blog posts, you&#039;ll find information on many Florida banks. It appears the most stable banks in Florida are located in Miami or north and north central Florida. If you provide a corporate name we can look into. Thanks for reading our blog.</description>
		<content:encoded><![CDATA[<p>You need to re-check the corporate name of the bank. If you have read our blog posts, you&#8217;ll find information on many Florida banks. It appears the most stable banks in Florida are located in Miami or north and north central Florida. If you provide a corporate name we can look into. Thanks for reading our blog.</p>
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		<title>By: Linda</title>
		<link>http://victory1project.wordpress.com/2008/09/27/florida-banks-failing/#comment-513</link>
		<dc:creator>Linda</dc:creator>
		<pubDate>Tue, 15 Sep 2009 23:00:27 +0000</pubDate>
		<guid isPermaLink="false">http://victory1project.wordpress.com/?p=104#comment-513</guid>
		<description>We were wondering the Rating on Bank United in Naples,Fl. We know they were bought out some time ago . Which Bank would you say that would be SAFE to Park your Money untill CD&#039;S go up ?</description>
		<content:encoded><![CDATA[<p>We were wondering the Rating on Bank United in Naples,Fl. We know they were bought out some time ago . Which Bank would you say that would be SAFE to Park your Money untill CD&#8217;S go up ?</p>
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		<title>By: victory1project</title>
		<link>http://victory1project.wordpress.com/2008/09/27/florida-banks-failing/#comment-490</link>
		<dc:creator>victory1project</dc:creator>
		<pubDate>Mon, 31 Aug 2009 03:01:29 +0000</pubDate>
		<guid isPermaLink="false">http://victory1project.wordpress.com/?p=104#comment-490</guid>
		<description>Orion Bank based in Naples, Florida has an (E-) rating and it appears they are going to fail very soon. If it were me, I&#039;d close my account in Orion Bank immediately, but that&#039;s just me.
As for Cape Coral, I use to live there believe it or not but anyway, if you have any of these banks in your area:
1. City National based out of Miami has an (A-) rating, very good.
2. First State Bank based in Arcadia, FL has a (B-) rating, pretty good.
That&#039;s about it. Most banks in Florida that are doing well are based in North Florida or North Central Florida except Miami has many banks with good ratings. It appears all banks from Tampa due east and to south Florida are struggling or at high risk of failure except Miami. So I might suggest you look for a branch in Cape Coral that is based out of Miami. Good luck. Hope that helps and thanks for reading our posts.</description>
		<content:encoded><![CDATA[<p>Orion Bank based in Naples, Florida has an (E-) rating and it appears they are going to fail very soon. If it were me, I&#8217;d close my account in Orion Bank immediately, but that&#8217;s just me.<br />
As for Cape Coral, I use to live there believe it or not but anyway, if you have any of these banks in your area:<br />
1. City National based out of Miami has an (A-) rating, very good.<br />
2. First State Bank based in Arcadia, FL has a (B-) rating, pretty good.<br />
That&#8217;s about it. Most banks in Florida that are doing well are based in North Florida or North Central Florida except Miami has many banks with good ratings. It appears all banks from Tampa due east and to south Florida are struggling or at high risk of failure except Miami. So I might suggest you look for a branch in Cape Coral that is based out of Miami. Good luck. Hope that helps and thanks for reading our posts.</p>
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		<title>By: Ken Burt</title>
		<link>http://victory1project.wordpress.com/2008/09/27/florida-banks-failing/#comment-489</link>
		<dc:creator>Ken Burt</dc:creator>
		<pubDate>Sun, 30 Aug 2009 20:25:16 +0000</pubDate>
		<guid isPermaLink="false">http://victory1project.wordpress.com/?p=104#comment-489</guid>
		<description>I am interested in the rating of the Orian Bank, Cape Coral, Florida branch.Their home office is in Naples, Florida.
Also are their any A or B rated banks in Cape Coral, Florida?
Thank you.</description>
		<content:encoded><![CDATA[<p>I am interested in the rating of the Orian Bank, Cape Coral, Florida branch.Their home office is in Naples, Florida.<br />
Also are their any A or B rated banks in Cape Coral, Florida?<br />
Thank you.</p>
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		<title>By: Krum</title>
		<link>http://victory1project.wordpress.com/2008/09/27/florida-banks-failing/#comment-486</link>
		<dc:creator>Krum</dc:creator>
		<pubDate>Tue, 25 Aug 2009 00:26:43 +0000</pubDate>
		<guid isPermaLink="false">http://victory1project.wordpress.com/?p=104#comment-486</guid>
		<description>Regarding SunTrust - have you not read all the posts on this blog about SunTrust? Check them out.</description>
		<content:encoded><![CDATA[<p>Regarding SunTrust &#8211; have you not read all the posts on this blog about SunTrust? Check them out.</p>
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		<title>By: Connie</title>
		<link>http://victory1project.wordpress.com/2008/09/27/florida-banks-failing/#comment-478</link>
		<dc:creator>Connie</dc:creator>
		<pubDate>Thu, 20 Aug 2009 16:42:02 +0000</pubDate>
		<guid isPermaLink="false">http://victory1project.wordpress.com/?p=104#comment-478</guid>
		<description>I am moving to Citrus County Florida and they have a Suntrust Bank there, do you know how they rate?

Thank You
Connie</description>
		<content:encoded><![CDATA[<p>I am moving to Citrus County Florida and they have a Suntrust Bank there, do you know how they rate?</p>
<p>Thank You<br />
Connie</p>
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	<item>
		<title>By: victory1project</title>
		<link>http://victory1project.wordpress.com/2008/09/27/florida-banks-failing/#comment-475</link>
		<dc:creator>victory1project</dc:creator>
		<pubDate>Wed, 19 Aug 2009 17:49:23 +0000</pubDate>
		<guid isPermaLink="false">http://victory1project.wordpress.com/?p=104#comment-475</guid>
		<description>Regions Bank is based out of Birmingham, Alabama and is rated &quot;weak&quot; at a D+ SunTrust is rated &quot;weak&quot; too at a D- both banks appear to be in serious trouble. Colonial Bank in Florida just closed &amp; Taylor, Bean &amp; Whittaker are in trouble too. Consider credit unions. Community Trust &amp; Bank of Ocala has a C+ - Community Trust &amp; Bank appears to be the best bet in your area at this time. Hope that helps.</description>
		<content:encoded><![CDATA[<p>Regions Bank is based out of Birmingham, Alabama and is rated &#8220;weak&#8221; at a D+ SunTrust is rated &#8220;weak&#8221; too at a D- both banks appear to be in serious trouble. Colonial Bank in Florida just closed &amp; Taylor, Bean &amp; Whittaker are in trouble too. Consider credit unions. Community Trust &amp; Bank of Ocala has a C+ &#8211; Community Trust &amp; Bank appears to be the best bet in your area at this time. Hope that helps.</p>
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		<title>By: Elaine</title>
		<link>http://victory1project.wordpress.com/2008/09/27/florida-banks-failing/#comment-473</link>
		<dc:creator>Elaine</dc:creator>
		<pubDate>Wed, 19 Aug 2009 14:14:47 +0000</pubDate>
		<guid isPermaLink="false">http://victory1project.wordpress.com/?p=104#comment-473</guid>
		<description>Please give me a rating for Regions Bank in Ocala, FL.</description>
		<content:encoded><![CDATA[<p>Please give me a rating for Regions Bank in Ocala, FL.</p>
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		<title>By: Detective Krum</title>
		<link>http://victory1project.wordpress.com/2008/09/27/florida-banks-failing/#comment-337</link>
		<dc:creator>Detective Krum</dc:creator>
		<pubDate>Tue, 02 Jun 2009 20:18:09 +0000</pubDate>
		<guid isPermaLink="false">http://victory1project.wordpress.com/?p=104#comment-337</guid>
		<description>Fifth Third Bank has 3 offices - the others are branches of these 3 offices. 
1. Nashville, Tenn rated C-
2. Cincinnati, Ohio is rated a C-
3. Grand Rapids, Mich. is rated D+
If you are dealing with a branch, look on your paperwork from your account &amp; it should tell you what corporate office they work through. If your paperwork does not, then ask at your bank.</description>
		<content:encoded><![CDATA[<p>Fifth Third Bank has 3 offices &#8211; the others are branches of these 3 offices.<br />
1. Nashville, Tenn rated C-<br />
2. Cincinnati, Ohio is rated a C-<br />
3. Grand Rapids, Mich. is rated D+<br />
If you are dealing with a branch, look on your paperwork from your account &amp; it should tell you what corporate office they work through. If your paperwork does not, then ask at your bank.</p>
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		<title>By: alan</title>
		<link>http://victory1project.wordpress.com/2008/09/27/florida-banks-failing/#comment-335</link>
		<dc:creator>alan</dc:creator>
		<pubDate>Tue, 02 Jun 2009 02:36:44 +0000</pubDate>
		<guid isPermaLink="false">http://victory1project.wordpress.com/?p=104#comment-335</guid>
		<description>What is fifth third bank rating at this time?</description>
		<content:encoded><![CDATA[<p>What is fifth third bank rating at this time?</p>
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		<title>By: victory1project</title>
		<link>http://victory1project.wordpress.com/2008/09/27/florida-banks-failing/#comment-96</link>
		<dc:creator>victory1project</dc:creator>
		<pubDate>Tue, 17 Feb 2009 00:36:00 +0000</pubDate>
		<guid isPermaLink="false">http://victory1project.wordpress.com/?p=104#comment-96</guid>
		<description>Veronica-
First, let me apologize for some mis-spelled words before - I was typing fast to get an answer to you.

As for Riverside National Bank - Here is the latest from FDIC: (I would not do business with Riverside unless I could have proof through verified independent auditors)

Press Release:
IB Bank, Naples, Florida, Assumes All of the Deposits of Riverside Bank of the Gulf Coast, Cape Coral, Florida

FOR IMMEDIATE RELEASE
February 13, 2009 	
Media Contact:
David Barr (202) 898-6992
Cell: (703) 622-4790
E-mail: dbarr@fdic.gov

Riverside Bank of the Gulf Coast, Cape Coral, Florida, was closed today by the Florida Office of Financial Regulation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with TIB Bank, Naples, Florida, to assume all of the deposits of Riverside Bank.

Due to the observance of Presidents&#039; Day on Monday, Riverside&#039;s nine offices will reopen on Tuesday as branches of TIB Bank. Depositors of Riverside Bank will automatically become depositors of TIB Bank. Deposits will continue to be insured by the FDIC, so there is no need for customers to change their banking relationship to retain their deposit insurance coverage. Customers of both banks should continue to use their existing branches until TIB Bank can fully integrate the deposit records of Riverside Bank.

Over the weekend, depositors of Riverside Bank can access their money by writing checks or using ATM or debit cards. Checks drawn on the bank will continue to be processed. Loan customers should continue to make their payments as usual.

As of December 31, 2008, Riverside Bank had total assets of approximately $539 million and total deposits of $424 million. TIB Bank agreed to pay the FDIC a premium of 1.3 percent.

TIB Bank will not assume $142.6 million in brokered deposits held by Riverside Bank. The FDIC will pay the brokers directly for the amount of their funds. Customers who placed money with brokers should contact them directly for more information about the status of their deposits.

Customers who have questions about today&#039;s transaction can call the FDIC toll-free at 1-800-823-5028. This phone number will be operational this evening until 9:00 p.m., EST; on Saturday from 9:00 a.m. to 6:00 p.m., EST; on Sunday from noon to 6:00 p.m., EST; and thereafter from 8:00 a.m. to 8:00 p.m., EST.

Customers who would like more information about today&#039;s transaction can also visit the FDIC&#039;s Web site at http://www.fdic.gov/bank/individual/failed/riverside.html.

In addition to assuming all of the deposits of Riverside Bank, TIB Bank agreed to purchase approximately $125 million in assets, comprised mainly of cash, cash equivalents and marketable securities. The FDIC will retain the remaining assets for later disposition.

The FDIC estimates that the cost to the Deposit Insurance Fund will be $201.5 million. TIB Bank&#039;s acquisition of all of the deposits was the &quot;least costly&quot; resolution for the FDIC&#039;s Deposit Insurance Fund compared to alternatives. Riverside Bank is the eleventh bank to fail in the nation this year. The last bank to fail in Florida was Ocala National Bank on January 30, 2009.

Riverside Bank of the Gulf Coast is not affiliated with either Riverside National Bank of Florida, Fort Pierce, or with Riverside Bank of Central Florida, Winter Park.

# # #</description>
		<content:encoded><![CDATA[<p>Veronica-<br />
First, let me apologize for some mis-spelled words before &#8211; I was typing fast to get an answer to you.</p>
<p>As for Riverside National Bank &#8211; Here is the latest from FDIC: (I would not do business with Riverside unless I could have proof through verified independent auditors)</p>
<p>Press Release:<br />
IB Bank, Naples, Florida, Assumes All of the Deposits of Riverside Bank of the Gulf Coast, Cape Coral, Florida</p>
<p>FOR IMMEDIATE RELEASE<br />
February 13, 2009<br />
Media Contact:<br />
David Barr (202) 898-6992<br />
Cell: (703) 622-4790<br />
E-mail: <a href="mailto:dbarr@fdic.gov">dbarr@fdic.gov</a></p>
<p>Riverside Bank of the Gulf Coast, Cape Coral, Florida, was closed today by the Florida Office of Financial Regulation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with TIB Bank, Naples, Florida, to assume all of the deposits of Riverside Bank.</p>
<p>Due to the observance of Presidents&#8217; Day on Monday, Riverside&#8217;s nine offices will reopen on Tuesday as branches of TIB Bank. Depositors of Riverside Bank will automatically become depositors of TIB Bank. Deposits will continue to be insured by the FDIC, so there is no need for customers to change their banking relationship to retain their deposit insurance coverage. Customers of both banks should continue to use their existing branches until TIB Bank can fully integrate the deposit records of Riverside Bank.</p>
<p>Over the weekend, depositors of Riverside Bank can access their money by writing checks or using ATM or debit cards. Checks drawn on the bank will continue to be processed. Loan customers should continue to make their payments as usual.</p>
<p>As of December 31, 2008, Riverside Bank had total assets of approximately $539 million and total deposits of $424 million. TIB Bank agreed to pay the FDIC a premium of 1.3 percent.</p>
<p>TIB Bank will not assume $142.6 million in brokered deposits held by Riverside Bank. The FDIC will pay the brokers directly for the amount of their funds. Customers who placed money with brokers should contact them directly for more information about the status of their deposits.</p>
<p>Customers who have questions about today&#8217;s transaction can call the FDIC toll-free at 1-800-823-5028. This phone number will be operational this evening until 9:00 p.m., EST; on Saturday from 9:00 a.m. to 6:00 p.m., EST; on Sunday from noon to 6:00 p.m., EST; and thereafter from 8:00 a.m. to 8:00 p.m., EST.</p>
<p>Customers who would like more information about today&#8217;s transaction can also visit the FDIC&#8217;s Web site at <a href="http://www.fdic.gov/bank/individual/failed/riverside.html" rel="nofollow">http://www.fdic.gov/bank/individual/failed/riverside.html</a>.</p>
<p>In addition to assuming all of the deposits of Riverside Bank, TIB Bank agreed to purchase approximately $125 million in assets, comprised mainly of cash, cash equivalents and marketable securities. The FDIC will retain the remaining assets for later disposition.</p>
<p>The FDIC estimates that the cost to the Deposit Insurance Fund will be $201.5 million. TIB Bank&#8217;s acquisition of all of the deposits was the &#8220;least costly&#8221; resolution for the FDIC&#8217;s Deposit Insurance Fund compared to alternatives. Riverside Bank is the eleventh bank to fail in the nation this year. The last bank to fail in Florida was Ocala National Bank on January 30, 2009.</p>
<p>Riverside Bank of the Gulf Coast is not affiliated with either Riverside National Bank of Florida, Fort Pierce, or with Riverside Bank of Central Florida, Winter Park.</p>
<p># # #</p>
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		<title>By: Veronica</title>
		<link>http://victory1project.wordpress.com/2008/09/27/florida-banks-failing/#comment-95</link>
		<dc:creator>Veronica</dc:creator>
		<pubDate>Mon, 16 Feb 2009 19:39:30 +0000</pubDate>
		<guid isPermaLink="false">http://victory1project.wordpress.com/?p=104#comment-95</guid>
		<description>What about the Riverside National Bank Of Florida in West Melbourne Florida? It is part of Riverside National Bank Of Florida that is in Ft Pierce Fl.. They also have one in Okeechobee, Fl. I have heard that Riverside is solid and is still loaning money. I am confused. What banks is Melbourne/West Melbourne are A/B rated. Veroncia</description>
		<content:encoded><![CDATA[<p>What about the Riverside National Bank Of Florida in West Melbourne Florida? It is part of Riverside National Bank Of Florida that is in Ft Pierce Fl.. They also have one in Okeechobee, Fl. I have heard that Riverside is solid and is still loaning money. I am confused. What banks is Melbourne/West Melbourne are A/B rated. Veroncia</p>
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