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Three More Failed Banks Close Brings 2009's Total to 40

Failed BanksFederal regulators closed three more banks on Friday bringing the total number of failed banks for 2009 to Forty.
  • Southern Community Bank in Fayetteville, Georgia was closed by regulators. United Community Bank in Blairsville, Georgia will take over the bank's deposits. The FDIC's informational page can be found here.
  • Cooperative Bank in Wilmington, North Carolina was closed by regulators. First Bank in Troy, NC will take over the bank's deposits. The FDIC's informational page can be found here.
  • First National Bank of Anthony in Anthony, Kansas was also closed by regulators. Bank of Kansas in South Hutchinson will take over the bank's deposits. The FDIC's informational page can be found here.
(via Marketwatch)

Posted on June 19, 2009





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