Here are the banks taken over by the Federal Deposit Insurance Corp. on Friday, according to the Associated Press:
-- United Commercial Bank in San Francisco, with $11.2 billion in assets and $7.5 billion in deposits. East West Bancorp Inc., parent company of East West Bank based in Pasadena, Calif., is buying all of the deposits and most of the failed bank's assets.
-- United Security Bank, based in Sparta, Ga., with $157 million in assets and $150 million in deposits; -- Home Federal Savings Bank in Detroit, with $14.9 million in assets and $12.8 million in deposits;
-- Prosperan Bank, based in Oakdale, Minn., with $199.5 million in assets and $175.6 million in deposits;
-- Gateway Bank in St. Louis, with $27.7 million in assets and $27.9 million in deposits.
The FDIC says depositors' accounts are insured up to $250,000 each and are not at risk. The FDIC has billions in loss reserves and can also tap a Treasury Department credit line of up to $500 billion.





