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ClevelandStar.com Saturday 20th March 2010 Edition 079/8
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"The idea of human rights begins with a fundamental commitment to the dignity that is the birthright of every man, woman and child."
Hillary Rodham Clinton
The U.S. Secretary of State was speaking on the release of the 2009 Country Reports on Human Rights Practices.

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bullet More Cleveland News corner
'king' James' Late Surge Carries Cavs Past Slumping Bulls
Lebron James Scores Big, Cavs Beat Bulls
State Reps Urge Portman To Sever Ties Over Group's "nazi" Posting
Depression: The Battle With Mental Illness
Lebron Youngest To Reach 15,000 Points In Cavs Win Over Bulls

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Two Women Charged With Theft Of More Than $700,000 From 94-year-old Man
9-year-old Diamond A Sparkler In The World Of Competitive Chess
<b><font Style="font-size:12px;color:#615f62;">police Recover Ohio Artifacts, Key To City's Past</font></b>
Bond Set For Mother In Child Endangerment Case

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Ellen DeGeneres calls gay teen 'brave' following prom scandal
Pammie's boobs will help her win Dancing With Stars, feels her dance teacher
Brittany Murphy 'used aliases to buy drugs'
Sandra Bullock can save marriage: Experts
Donald Trump tags Jesse James as "cunning"
DJ AM to be memorialised at Winter Music Conference

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Breaking News
Ohio loses American National Bank of ParmaOhio loses American National Bank of Parma
The National Bank and Trust Company, Wilmington, Ohio will assume the deposits of American National...

Ohio Benefit Bank Provides Benefits To Those In Need
is a database that can help you determine what federal and state credits you are eligible for. Every year, $2 billion is available in benefits and tax credits for people in Ohio. The Ohio Benefit...
Elyria: A Final Tribute To A Fallen Officer
ELYRIA, Ohio -- The streets in Elyria were lined with mourners Saturday morning as many came out to show support as fallen police officer James Kerstetter was laid to...
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World News
Healthcare reform bill could be voted on by SundayHealthcare reform bill could be voted on by Sunday
The on-going saga of the US healthcare reform bill may be put to rest Sunday as preparations are made for a historic...

Travel chaos coming to the UK for Easter
The UK's Easter period could see travel chaos for millions of people as BA and Network Rail workers, as well as 200,000 government employees, indicate their intention to...
Israel defiant in face of US and international criticismIsrael defiant in face of US and international criticism
Israel's Prime Minister has responded with a 'no' to demands made by the US, as well as Russia, the EU and the UN, to cancel the construction of settler homes in East...
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Business News
Century old Bank of Hiawassee shutteredCentury old Bank of Hiawassee shuttered
The FDIC entered into a purchase and assumption agreement with Citizens South Bank, Gastonia, North Carolina, to assume all of the deposits of Bank of...

10 branches of Appalachian Community Bank close10 branches of Appalachian Community Bank close
Appalachian Community Bank with $1.01 billion in assets has been unable to stay...
State Bank of Aurora in Minnesota founded in 1906 is shut downState Bank of Aurora in Minnesota founded in 1906 is shut down
The bank which first opened its doors on January 1st 1906, closed for the last time on March 19th...
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bullet Ohio loses American National Bank of Parma corner
Ohio loses American National Bank of Parma

Another seven U.S. banks were closed on Friday by regulators.

Among them was American National Bank, Parma, Ohio. It was shut down by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.

To protect the depositors, the FDIC entered into a purchase and assumption agreement with The National Bank and Trust Company, Wilmington, Ohio, to assume all of the deposits of the 47-year old American National Bank.

The sole branch of American National Bank at 5603 Ridge Road, Parma, OH will reopen on Monday as a branch of The National Bank and Trust Company. Depositors of American National Bank will automatically become depositors of The National Bank and Trust Company, the FDIC said in a statement published on Friday. Deposits will continue to be insured by the FDIC, so there is no need for customers to change their banking relationship to retain their deposit insurance coverage. Customers should continue to use their existing branch until they receive notice from The National Bank and Trust Company that it has completed systems changes to allow other The National Bank and Trust Company branches to process their accounts as well, the FDIC statement said.

Over the weekend, depositors of American National Bank can access their money by writing checks or using ATM or debit cards. Checks drawn on the bank will continue to be processed. Loan customers should continue to make their payments as usual, the FDIC statement said.

As of December 31, 2009, American National Bank had approximately $70.3 million in total assets and $66.8 million in total deposits.

The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $17.1 million.


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The Cleveland Star is essentially a local Cleveland newspaper, but with a national and international perspective, designed to provide readers with a one-stop shop for Cleveland, national US, regional, and world news coverage, weather and sports information, with live updates on breaking business stories, and what's happening in the financial markets.

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We and our sources around the world work hard to gather more information, verify facts, and provide a perspective of the major stories. Expert opinion often accompanies our articles to better inform readers, and provide a more complete understanding
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Financial markets and business reports are regular features as we pin down what's happening, and constantly refresh stock market indice readings, dollar currency rates, and breaking business news reports. Our world sports coverage is a priority, as is our regional news.

We like to think if you're looking for breaking news out of Cleveland, Ohio, the United States, or the world, you'll look for it first at the Cleveland Star.

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    Cleveland, Ohio
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    bullet Travel corner
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    Do you believe Gordon Brown will still be prime minister of the UK after the forthcoming elections?


    bullet Hotel Review corner
    Venetian Hotel and Casino, Las Vegas
    Venetian Hotel and Casino, Las Vegas

    In the middle of the Strip, and opposite the Mirage and Treasure Island is the Venetian, adjacent to its sister hotel The...


    bullet Football corner
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