Seattle First National organization
also: C-First
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Related entities (most co-mentioned)
Penn Square Bankorganization · 2Federal Savings and Loan Insurance Corporationorganization · 1Continental Illinois National Bank and Trust Companyorganization · 1Sharpstown State Bankorganization · 1
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Mentions (2)
▶ 26:47
two other banks. So way overextended themselves. Two big banks that were nearly brought down by Penn Square's failure was Continental Illinois in Chicago. That's the one Illini and I were talking about in that long conversation the other da…
▶ 27:18
had to be sold to avoid a bailout. The FDIC paid off $218 million in insured deposits at Penn Square, the largest payoff since 1971, when $80 million was required for the failure of Sharpstown State Bank in Houston. This failure was part of…