Four More Banks Closed by Federal Regulators

Four more banks were closed by federal regulators this week. The new closures bring the total number of closed banks for 2010 to 28. Here is a list of the recently closed banks.

The Park Avenue Bank in New York, NY
Statewide Bank in Covington, LA
Old Southern Bank in Orlando, FL
LibertyPointe Bank in New York, NY

You can find a complete list of all the failed banks here on the FDIC's website.

Posted on March 12, 2010

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