Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans.
Federal regulators close small banks in 4 states
Regulators on Friday shut small banks in Georgia, Michigan, Minnesota and Missouri, bringing the number of bank failures this year to 119 amid the struggling economy and a cascade of defaults...
Banks closed in Ga, NC, NJ, Ill; 80 failed in '11
Regulators on Friday closed small banks in Georgia, North Carolina, New Jersey and Illinois, boosting to 80 the number of U.S. bank failures this year.
Regulators close Virginia bank; 2011 total is 72
Regulators have closed a bank in Virginia, lifting to 72 the number of U.S. bank failures this year.
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