Home » Posts tagged with "bank crisis"
Bank Failures Now Total Nine
Bank bankruptcies continue to plague the U.S.
February 12, 2012- Two more banks failed on Friday bringing the 2012 total of bank failures to nine. Regulators closed two small banks in Indiana and Illinois. The number of banks that have been shuttered thus far in 2012 is less than the rate in 2011 when 92 were closed. In addition, last year through February, regulators had already closed 18 banks.
The FDIC took control of Charter National Bank in Illinois. The bank had nearly $94 million in total...