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The Banking Collapse Continues - 140 and Growing
Sunday, December 20, 2009 - 12:19am | 159Despite the claims of being on the brink of economic recovery, this Friday alone six more banks closed. Adding these six to the mix brings the overall total of closed banks this year to 140. Independent Bankers' Bank (IBB) falls into the category of banks that closed this week, referencing their...
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Three More Banks Closed By FDIC
Sunday, October 4, 2009 - 2:28pm | 95The number of closed banks this year rose to 98, as three more banks were closed by FDIC on Friday. Warren bank of Michigan is one of them. It had $538M in assets and $501M in deposits which were taken over by Huntington National Bank of Ohio. Jennings State Bank in Minnesota and Southern Colorado...