Comments about ‘Barnes Bancorp closed by federal regulators’

This should have happened a long time ago.

Maybe so...I don't know, but it is incredibly sad!

What's up with all these banks going under? I don't remember hearing anything about credit unions having problems like the banks... Maybe the credit unions are doing something right..???

I feel bad for those holding accounts at this bank. I worked closely with some people there and they weren't even following their own sound lending policies. I'm surprised it took this long for this to happen.

What's wrong with the banks is, the major ones that can't fail... have screwed over the business and personal communities so badly that small hometown banks are suffering as people reject being cheated and charged to death. Credit Unions are doing well, partially because depositors are moving from banks to CU's and second...CREDIT UNIONS ARE NON PROFIT....NO multi-million dollar salaries and bonuses being paid to non-deserving employees....

I have banked with Barnes for over 20 years and am sorry this has happened. I wish their employees the best. I've never had a problem with Barnes Bank. Go in today to get my stuff from the safe deposit box and close out my 20+ years account.

If you really want to see how your bank is do a search for bank implode on google.

These guys are not even rating the worst, Centenial in Ogden is.

Did any of the people who banked at Barnes know this was coming? What about the employees?

I banked at Barnes Bank for over 20 years. No big deal for me, I'll just get another bank. However, I don't like to see people unemployed.

Credit unions are going under as well. The difference is that usually the credit unions are merging in with other credit unions before it technically becomes a closure. For a recent example see Heritage West.

You must not have been following credit unions closely. Salt Lake CU and Heritage CU were two of the CU taken over by the NCUA. Just to name two

I think there is a special place in Hell for the CEO Curtis Harris.

This is sad. It was a strong bank not too long ago.

It seems like the banks fail as a result of poor lending practices (greed on the bank's part) and poor customer service. I had an account at Barnes for years and was even willing to bank with them when I lived 100 miles away. But their poor customer service was what finally convinced me to take my business elsewhere. So now that Barnes has expanded all over the place, I'm not surprised they failed. It's too bad they didn't stick to their core principles.

Maybe the Credit Unions are on to something as well as non-publicly traded companies. While Berkshire-Hathaway (Warren Buffet's) company sells stock, all the companies he owns (R.C. Willey, Rocky Mountain Power, etc.) are all privately held and not traded on the NYSE.

The tellers and back room staff at Barnes were the best...friendly, caring, and great to work with. My heart goes out to them as I got to know them well over the years.

It finally caught up to the old boys. The everyday worker I feel for. The old boys ran it into the ground because of their greed!

Former manager Jeff in bountiful certainly helped this along.

the blame lies with ceo kurt harris. an egotistic alif there ever was one. barnes was a poorly run bank for a long time. it just finally caught up with them.

New Deal hating neo-cons should be glad the FDIC was started by FDR (especially those who bank at this bank and the countless others that have failed the last few years). If there wasn't FDIC there would be a run on all banks. But go on bashing him (FDR) as you go get your money out of Barnes bank thanks to him (a bit of hypocracy in the land of Zion?).