Failed Banks

US Bank Closures Reach 63 In 2011 As Regulators Close Two Banks

(Source: RTTNews) – The Federal Deposit Insurance Corp. or FDIC announced Friday the closure of two U.S. banks, taking the count of U.S. bank closures in 2011 to 63, after the 157 bank closures in 2010.


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Three Banks Fail; 2011 Tally Now 51

WASHINGTON (Source: TheStreet By Philip van Doorn) — Three banks failed Friday evening, bringing this year’s total number of U.S. bank closures to 51.


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FDIC: 12 Percent of Banks at Risk of Failing

(Source: Third Age by Roberta Seldon) – Nearly 12 percent of FDIC-insured banks were at risk of failing in the first three months of 2011, the Associated Press reports. That number, the highest level seen in 18 years, is nearly [...]


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