Catherine Clifford
CNNMoney
September 20, 2008
Ameribank Inc. was shut down on Friday by the Office of the Thrift Supervision, making it the 12th bank this year to go under.
The Northfork, West Virginia bank had total assets of $115 million and total deposits of $102 million, according to a statement on the Federal Deposit Insurance Corporation Web site.
The FDIC was named receiver and announced that it entered into purchase and assumption agreements with Pioneer Community Bank, Inc., Iaeger, West Virginia, and the Citizens Savings Bank, Martins Ferry, Ohio, to take over all of Ameribank’s deposits.
Ameribank has five branches located in West Virginia and three branches located in Ohio. Branches in West Virginia will reopen on Monday and Ohio branches will reopen on Saturday.
All customer accounts were automatically transferred to the two new banks and the full amount of their deposits will automatically be insured, the FDIC said.
Customers of the banks can still access their money over the weekend by writing checks or using ATM or debit cards, according to the statement by the FDIC.
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Home » Economic Crash in Focus » Another Bank Failure: Ameribank Inc.


September 20th, 2008 at 4:12 pm
omg
September 20th, 2008 at 4:16 pm
… My thoughts exactly Gil. I think I might have to get my money out of the bank soon despite claims that federal credit unions are safe. I’ll buy a safe or something. This is bloody ridiculous!
September 20th, 2008 at 4:18 pm
Well, there goes the neighborhood. At least after the collapse the government won’t be able to fund all these security programs. A blessing in disguise perhaps, a chance to start anew?
September 20th, 2008 at 4:24 pm
Go to http://www.allamericangold.com and on the left side click podcasts and listen to Fridays show.. You gotta love these guys
September 20th, 2008 at 4:27 pm
It’s a tired statement, but all too true —— history repeats itself. Because humans fail to learn from it.
September 20th, 2008 at 4:42 pm
Let the depression begin!!
September 20th, 2008 at 5:00 pm
Western union will not even cash thier own money orders at 10%. legal stealing
September 20th, 2008 at 5:11 pm
This is it people.
September 20th, 2008 at 5:20 pm
I CANT TAKE THIS ANYMORE!!!!!
September 20th, 2008 at 5:32 pm
Now that we all know the truth of who these criinals are and their agenda, do we all now just sit, mumble and take it in the kiester like grandpa did in the 30s? Seriously the options to peaceful change is fading fast and the gates to tyranny are swinging wide open. Get your money out of the banks-cash in your federal reserve note backed stocks and annuities-starve the criminal IRS.
September 20th, 2008 at 5:34 pm
THE FIRST OF MANY THERE IS A GOOD ARTICLE IN THE DAILY MAIL BY PETER OSBORNE CALLED APOCALYPSE NOW WHICH GIVES A GOOD INTERPRETATION OF WHAT IS IN STORE POLITICALY FOR THE WORLD IN THE NEXT FEW YEARS
September 20th, 2008 at 6:12 pm
And a bank is good for what reason? When did savings become important….Remember the story in the Bible about the Talons…the bank is the one that had buried his talons. We should be like the other one who spent and invested.
Besides, if you need somebody to hold on to your money, and keep track of your spending, for a small fee, my number is 555-5555. I’ll be glad to take care of your dividends. Holla
And stop trippin’, you act like it’s your business or something. They pick and choose who they want to fail and/or succeed.
My advice…stock up on the food and water and other supplies you’re gonna need to survive. Hmmm…life without a cell phone….or….dare is say it….walking. GaSp! God help us.
Hey, do you think american idol will be on next year? October is comin fast….
Also, this just in
I’m curious to know something, i read on front page of yahoo that the space shuttle endeavor was moved to the launch pad to be used a a “rescue ship”. “It marks the first time NASA has had a space shuttle on the launch pad as a rescue ship.” (AP)
And, this is what they wrote on the NASA website, “Endeavour will stand by in the unlikely event a rescue mission is necessary following Atlantis’ launch, which is targeted for Oct. 10.”
Is there a reason why they will have 2 spaceships ready to go in OCTOBER?
Then it goes on to say, “After Endeavour is cleared from its duty as a rescue vehicle, it will move to Launch Pad 39A for the upcoming STS-126 mission to the International Space Station. That flight is targeted for launch Nov. 12.”
Now, for those of you people knowin’ what’s up, WHAT’S UP? Isn’t this a bit strange? I’m not being paranoid just alert. 2 shuttles ready to go almost 1 month from now?
September 20th, 2008 at 6:15 pm
Hey, maybe you guys should study about the great depression…
September 20th, 2008 at 7:02 pm
It will soon become unpatriotic to take your money out of the banks and the department of fatherland security will bust your doors down and confiscate the “home grown terrorists” money for the welfare of the “people” and all will rejoice (the sheep that is). Because if you are not “patriotic” you are a terrorist.
Next….
Hording food and survival skills will be seen as terrorism at home.
good night!
September 20th, 2008 at 8:36 pm
I live in Dubai and there’s more money here than America and Israel combined. Some of you unemployed Americans should come over here to earn some money. There are some rich Arabs who need their butts wiped and toilets cleaned, lol. The UAE makes Beverly Hills look like a public bathroom in Alaska, lol
September 20th, 2008 at 8:48 pm
ghost:
the government unions (ie: city state federal) will take all the treasury funds plus their pensions before any money goes to anyone on the outside.
are you with US or with them?
James Mansfield
September 20th, 2008 at 8:52 pm
wake up call:
NASA is another goevernment plot to pass along the treasury to the favored ones.
The more money that goes into NASA the more they can spend on the buddies.
That’s how your government works.
My citizenship is in heaven.
James Mansfield
September 20th, 2008 at 9:07 pm
idiots! The Jews run nothing! The Jesuits run EVERYTHING! they just get sell out freemason illuminists like Alan Greenspan and make him the fed chairman – you idiots go “Alan Greenspan is Jewish, they must run everything” no morons! Greenspan is loyal to Rome and the pope – ultimately the Jesuit General. if a nation curses the Jews, God will curse that nation – the Jesuits know this and that is why they are trying to point everything at the Jews and in the meantime putting up fake Christians like Bush to sell it to you. Everything is traced back to Rome! read the Bible and do some real research!
September 20th, 2008 at 9:29 pm
I agree 100% percent with you Camp Fema. Finally someone whom speaks the truth.
September 20th, 2008 at 9:29 pm
I agree 100% percent with you number 22. Finally someone whom speaks the truth.
September 20th, 2008 at 9:47 pm
I’ll take my whole $200 out of the bank now..
September 20th, 2008 at 10:24 pm
Preach is Camp Fema!
September 20th, 2008 at 11:24 pm
I don’t care what you say, I am voting greenspan for jesus.
September 20th, 2008 at 11:26 pm
I agree with everything the truth does not agree with
September 20th, 2008 at 11:36 pm
Camp Fema the Jews are not Isrealites of antiquity , the Jews of the bible were either descendants of Judah and Shua a Caananite women, or of Esua. Read John 8, the Jews admitted they were never in captivity every one knows the Isrealites were in slaves in Egypt, Babylon, and Assyria. You have been taught for years that the Jews are the Isrealites of the bible, they are not.
If you believe in the bible then you must realize that the prophecies and fingerprints of true Isreal must be evident, the Jews never fulfilled these requirements.
September 21st, 2008 at 12:49 am
Wake up,
What do you mean that the Israelites are not the Jews of the Bible? Could you please elaborate for me a little more?
September 21st, 2008 at 3:06 am
And ALL OF YOU are just running your mouths, and making your keyboards smoke because you are typing so fast- instead of getting off your asses and out there and making change happen.
September 21st, 2008 at 4:57 am
James,
I agree with you to some extent about “doing” something rather than just talking, but what kind of action should we do? I for one have emailed/written/contacted my local congressman and state senators, but I don’t get much satisfaction, just confirmation that they are either idiots that don’t know half of what we “truthers” know, or they are just platying along with the game. But, at least now I can say that when it comes to open conflict I tried to operate within the system first. You have any suggestions about what we should do next? I’m being serious about that.
As for “Camp FEMA”, everything that I have read and studied over the last thirty years since I was a kid leads me to the conclusion that what “wakeup” (lower case) said is correct: the “Jews” are not the same (today) as the Isrealites of the Bible. That is, Isreal (the country today) is NOT the Israelite kingdom. Actually, WE the English/American people are the continuation of the Israelites. This doctrine has been called British-Israeliism and has been discounted by many, but if one looks into the history books it can be seen that when the twelve tribes were scattered, what later became England and then the USA (being their former colony) was directly descended from the remaining Ten Tribes (after Juday & Benjaomin split off). The important thing to know is that we all are citizens of the greatest nation EVER to exist on this earth, and God has shown His favor on us as being His people. However, WE all have allowed our country to turn into what it has, and we have forsaken God and allowed mass killing of children and innocents, both here in the US and abroad, and we will/are being judged for that! We all need to truly wake up and turn back to God, and turn this country back into what it was intended by God to be!
September 21st, 2008 at 5:40 am
Willhahn…You have told the truth and until God’s chosen people wake up to who we are and our responsibilities to Him and to others, we will not be blessed again as we always have been. We call evil good and good evil in todays world, just like the Bible says we will. I cannot believe that in this country we put babies who survived botched abortions in a room to die, and that obama voted not to protect them and he says he’s a christian and people believe him. When I was a child such stuff would have been unheard of along with a lot of other things going on now, including 2 women or 2 men getting married to each other, which is abomination in God’s law. In rev. chap. 2 it says “those who call themselves jews, but do lie and are of the synagogue of satan”, who have so many people convinced that they are God’s chosen so we should support everything they do no matter how horrible it is and so many christians believe this. well said enough for now. God help us. ‘
September 21st, 2008 at 8:49 am
I highly suggest everyone of you get a wall tent and a tent stove that can burn wood or coal. These things are a must and wont be available after the SHTF. Dedicate so much money per week even if its $20.00 to stocking up on future food. Buy a cheap shortwave radio that you just wind up (no batteries needed). And dont worry if noone will believe you, you will have more than enough believers (conspiricy nuts) soon.And if any of you are in the big cities GET OUT NOW, GET OUT NOW. If your buying a house in the big cities, rent it out and go in the country where you can easily retreat to wooded areas. I can assure you this will be a time of trouble such as not seen since the world began. God Bless.
September 21st, 2008 at 8:56 am
#34, Keith, very good advice. Thanks for reminding me that I’ve got to get moving on these things NOW. Anyone else reading these posts I suggest that you follow Keith’s advice.
September 21st, 2008 at 9:39 am
#32: Here’s something you can do – join your local chapter of We Are Change or 911 Truth.
We are having great success taking street actions every week, handing out DVDs filled with hours worth of movies (many are Alex Jones movies). We hand them out at the same street corner every week. We let people know that 9/11 was an inside job.
We get horns honking and we get people coming back for more. Everyone knows us. You wake people up by spreading the information – HAND TO HAND, MOUTH TO MOUTH – GRASS ROOTS.
You inform your local police officers – our cops ARE COOL WITH US – THEY EVEN WATCHED OUR DVDS. We talk to them, explain what’s going on, and how their lives are being put in grave danger.
Before you know it, a huge portion of one town wakes up and it spreads like wildfire.
If you don’t have a chapter near you – START ONE. Get a DVD duplicator to make the DVDs.
We are always printing out fliers, folding, writing on the DVDs, wrapping them up in plastic baggies and off they go. We give out 500-1000 in ONE DAY.
This is the kind of ACTION you can take!!!!
ALL OF YOU HERE SHOULD DO THE SAME, WE ARE RUNNING OUT OF TIME!
September 21st, 2008 at 9:59 am
As much as people bitch at each other on this site, it’s still an incredible comment space.
You get on these sites like Raw and KOS and fuckin’ Politico.com for god’s sakes, and the people who run the sites and the those who choose to comment CLEARLY DO NOT HAVE A FUCKIN CLUE.
NOT A CLUE.
They’re talkin about “bad policy decisions” or “deregulation” or some crap like that…endless pages, too.
The whole thing was INTENTIONAL; Perfect planning; Problem/Reaction/Solution.
Destroy the country so that we BEG for the NAU and Amero. Please, please, please destroy our country!
Hail (insert name here)!
September 21st, 2008 at 10:23 am
We can talk all day, and throw the mud back and forth. But it comes down to one thing,
we are helpless to our situation period!!
September 21st, 2008 at 10:58 am
Here is something you can do, stop using State Issued ID, make your own ID and do not put a date of birth on it, you do not KNOW your Date of Birth, so stop lieing about it.
Stop paying and asking permission for your rights, they are Creator given and you do not need permission from the State to live them. That means travel, buy and sell goods (no business license needed) stop letting them violate your “right to remain silent”.
Learn to ask questions, “Officer, did you not take an oath to uphold the Consitution?”
“Are statutes ‘laws’?” (No, they are not) “Are executive orders laws?” (No, they are not)
“What am I being charged with?” “Who is the victim?”
This is not rocket science, it is TRUTH.
We all know the government is corrupt, we all know they lie, we all know we take a risk just posting here. Stop agreeing with them, stop paying them, stop telling them who you are. THEY have no legal right to tell you who you are.
Remember, you are the power, you can do it. It is scary, you might go to jail for one night, but since most of us are already talking about dieing for our rights, spending a night in jail is nothing.
http://www.thinkfree.ca or Google video “the emaculate deception” LEARN AND THEN ACT!!
September 21st, 2008 at 11:32 am
THE FINANCIAL MELTDOWN EXPLAINED !
very interesting read
http://current.com/items/89322....._explained
September 21st, 2008 at 11:46 am
http://hijackinghumanity.com/site/ watch and learn
September 21st, 2008 at 11:57 am
Thanks for the enlightenment “1of300″.
September 21st, 2008 at 12:04 pm
Wow…. another day, another bank.
September 21st, 2008 at 12:38 pm
Most these days don’t remember the great depression. So here is a thought for you ..
When the Great Depression took place more than 60% of our population was capable of growing and raising food for themselves. Yet 7 million people died from starvation in our country alone. Now a days more than 60% of our population IS NOT. Ones the government has implemented the “Last” bail-out plan this coming week each American could expect to take on an additional 200,00 to 400,000 in tax debt. This is on top of the all overwhelming tax burden we currently carry of about 80,000 each (after the 800 billion added this week) and the standing 19 Trillion in national debt. Which yes is also the burden of the tax payer. I don’t know about any of you, but the idea of assuming an approximately $250,000+ in tax debt per American is in our best interest. In addition these history shows that the people that caused these types of collapses never suffer any where near as much as the “common folks”.
In short we need to freeze government spending, stop borrowing from the Private Federal Reserve, stop allowing mega corps. from ruling our politicians, OPEN THE PRESIDENTIAL DEBATES TO ALL CANDIDATES and begin reestablish ourselves as the Great Nation we once were.
September 21st, 2008 at 2:03 pm
Sept 2001: Planes hit buildings, buildings fall, people shocked, people told bad guys hit buildings, people get mad, people told more bad guys could hit more buildings, people get scared, people told they need other people to protect them, people agree, people feel safe now.
Sept 2008: Somethings hits financial market, market falls, people shocked, people told bad (guys) hits financial market, people get mad, people told more bad (guys) could hit more financial markets, people get scared, people told they need other people to protect them, people agree, people feel safe now.
Question for people: What will hit next?
Sept 200?: Something hits health, health falls, people shocked, people told bad (guys) hits health, people get mad, people told more bad (guys) could hit more health, people get scared, people told they need other people to protect them, people agree, people feel safe now.
September 21st, 2008 at 2:13 pm
Problem, reaction, solution #45.
September 21st, 2008 at 2:19 pm
45. Cartoon Guy — You have spelled out the situation with clarity.
I wonder if after that next event (perhaps Sept. 2010?) we will find unemployment, war threats, dollar devaluation, etc. so bad that we’ll gladly embrace the “new” economy of the SPP? Say in 2012 as the next election draws near or just after it?
NAU by Sept. 2013? Is this what Kissinger meant? Will this be sold to us as the only alternative to total collapse? Will we be in such a state that we have no choice as is currently happening with the Bernake/Paulson move?
September 21st, 2008 at 2:29 pm
HELP!!!!! Mr. Wizard, HELP!!!!!!
September 21st, 2008 at 3:32 pm
local reginal bank failures means the tsunami is reaching main street. very pivitol if more start failing. classic old fashioned fiat currency inspired bank runs.
September 21st, 2008 at 3:33 pm
Keep Notice,
Everytime these politicians speak now about the giant bailout, especially Paulson, they arent saying the bailout is a for sure correction or solution or in any way a guarantee to stop the financial collapse.
It sounds more like they are trying to exempt themselves from responsibility and not guarantee our bailout money is gunna fix the problem.
There has been no direct responses about how wall street made billions, was livinh it up high on the hog, flying in their lear jets, smoking cigars and enjoying their wealth when they had it, no they lost it all and we have to bail them out?
And if it does work out and they start making big money again, they aint giving us nothing.
They focus on Biden saying that paying higher taxes is patriotic. The Republicans say he is dillusional if paying taxes to help out in the crisis is patriotic, and that mccain and the GOP dont want to raise taxes,………………. But arent our TAXES raised aways to pay back the bailout money?
Bet your ass our taxes are gunna be more so how can the republicans say they dont want to raise taxes for this.
Come tax time, taxes will high, just giving the bailouts to those crooks automatically is gunna make our taxes more. They just havent calculated the numbers yet and written the new tax codes.
They are very anxious and want to rush this bailout legislation thru fast and while knowing there are requests to freeze foreclosures as part of the bill, they dont sound like they want to take the precious moments needed to take care of that.
They just want the money now and they’ll talk about details later.
They are like fast talking crack addicts just lying so they can get that fix.
What if the bailout doesnt absorb the crisses?
Our society, our country could be annonouced financially wiped out this coming week.
We might not have a currency come this friday?
But atleast it seems a lot of people arent happy this time and are paying attention to whats going on now. Chris Wallace didnt seem to happy interviewing Pailson but again that might be all an act.
My local fox news people didnt seem happy but 1 seemed mad and then after their segment on the bailout they reported on Bush being tried for murder in Vt.
None the less next week should be intense.
September 21st, 2008 at 3:57 pm
Marvel not at how they fall…. for it was their own doing.
September 21st, 2008 at 4:04 pm
I’m normally a pretty good guy, get along, status quo, don’t make any trouble. But right now I’m ready to do something about this criminal enterprise aka our governmentb. I am ready to act as a patriot and do whatever needs to be done to bring these criminals to task and fight for a good cause. Good Guy…Good Cause. If it means fighting and dying in a revolutionary war, then so be it…I will. Where do I sign up?
September 21st, 2008 at 4:15 pm
It’s not going to happen but a total catastrophic collapse would be a good thing. Imagine how much we could get done with the dead weight of all the yuppies, fake christians and loser lefties and righties off our backs.
I will never help the yuppies and fake christians.
September 22nd, 2008 at 12:48 pm
As this is happening, Christians need to be the servants that Christ was. God’s Word is not a prosperity gospel. God became man and Jesus came as a servant. We need to be the ones helping people during these crisis.
October 4th, 2008 at 1:02 pm
only one answer to all religious NUTBAGS: zeitgeist the movie