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(Image from article: "U.S. regulators close seven small banks")

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Regulators Close Banks in Florida, Minnesota

Regulators Close Banks in Florida, Minnesota

The Federal Deposit Insurance Corp. said state regulators closed Access Bank of Champlin, Minn., and the Bank of Bonifay in Bonifay, Fla., bringing to 66 the number of U.S. banks that have failed this year.

 

Small Banks Fail at a Growing Rate, Straining F.d.i.c.

A year after the rescue of the financial institutions considered too big to fail, smaller ones are approaching a grim milestone: the 100th failure of 2009.

 

U.S. regulators close seven small banks

U.S. regulators close seven small banks

U.S. regulators closed seven small banks on Friday, a pace matching a one-day total seen earlier in July and bringing the number of failures so far this year to 64.

 

Regulators shut banks in Calif., Ga. and SD

Regulators on Friday shut two banks in California and two smaller banks in Georgia and South Dakota, boosting to 57 the number of federally insured banks to fail this year.

 

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