Regulators Shut Two More Banks on Friday Bringing 2011 Total to 47
Federal regulators closed small banks in Florida and Georgia on Friday. The First Commercial Bank of Tampa Bay was closed in Tampa Bay, Florida and the McIntosh State Bank was closed in Jackson, Georgia. The closing bring the total number of failed banks for 2011 to 47. Banks are closing at a slower pace this year. Last year at this time over 80 banks had already been closed.
You can see a list of all the banks that have failed since October 1, 2000 here on the FDIC's website.
