Federal regulators close small banks in 4 states
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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 on loans.
Related itemsBanks in Ga., Mich., Minn., Mo., Calif. closed
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...
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 shut 2 Ga. banks; 42 shuttered in 2011
Regulators on Friday shut down two banks in Georgia, lifting to 42 the number of U.S. bank failures this year in the wake of a gutted economy and mounds of soured loans.
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