Six More Banks Shuttered

The FDIC and OCC announced six more failed banks on Friday:

American Marine Bank, Bainbridge Island, WA
First Regional Bank, Los Angeles, CA
Community Bank & Trust, Cornelia, GA
Marshall Bank, Hallock, MN
Florida Community Bank, Immokalee, FL
First National Bank of Georgia, Carrollton, GA

According to Calculated Risk, there have been 15 closures in 2010, 140 in 2009, and a total of 183 since the cycle began in 2007.

EmailPrintFriendlyShare

Comments are closed.