Ameribank folds, twelfth closure this year
By John Letzing
Last update: 7:38 p.m. EDT Sept. 19, 2008
SAN FRANCISCO (MarketWatch) -- Northfork, West Virginia-based Ameribank Inc.
has been closed, the Federal Deposit Insurance Corporation said late Friday,
marking the 12th bank closure so far this year. Deposits at Ameribank's Ohio
branches have been transferred to The Citizens Savings Bank, while Ameribank's
Ohio branches will reopen Saturday as Citizens Bank branches, the FDIC said.
Ameribank's West Virginia deposits have been transferred to Pioneer Community
Bank, and Ameribank's West Virginia branches will reopen as Pioneer branches.
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