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Financial crisis of 2007–2008

The FDIC announced plans to open IndyMac Federal Bank, FSB

Friday Jul 18, 2008
U.S.

A bridge bank, IndyMac Federal Bank, FSB, was established to assume control of IndyMac Bank's assets, its secured liabilities, and its insured deposit accounts. The FDIC (Federal Deposit Insurance Corporation) announced plans to open IndyMac Federal Bank, FSB on July 14, 2008.


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