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24
Sep

2 Failed Banks Seized On Friday

Posted by Susan Mitchell (0) Comment

2 more failed banks have been added to the growing list this year. Regulators on Friday closed banks in Virginia and California, lifting to 73 the number of U.S. bank failures this year.

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Category : Banking News | Blog
31
Jan

11 FDIC Failed Banks In First 30 Days Of 2011

Posted by Susan Mitchell (0) Comment

The FDIC failed bank list is growing. The ongoing economic volatility took its toll on a few more banks last week. On Friday, four more were padlocked by U.S. regulators. These banks were based in Oklahoma, Wisconsin, Colorado and New Mexico. This takes the total number of bank failures to 11 so far in 2011, following 157 in 2010, 140 in 2009 and just 25 in 2008.

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Category : Banking News | Bankruptcy | US Banks | Blog