Fdic, 2010 Bank Failures | featured news

(Image from article: "Regulators Close Banks in Florida, Minnesota")

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Bank Failures Top 100 for '10

Regulators closed six more banks around the country, marking the second consecutive year that more than 100 financial institutions have collapsed.

Senh: So it looks like smaller banks are failing, and then getting gobbled up by a bigger bank. It just looks like smaller banks are forced to merge with bigger ones.

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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.

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Two bank failures raise year's tally to 30

The closures of Statewide Bank in Louisiana and Florida's Old Southern Bank brought the number of bank failures this year to 30, according to the Federal Deposit Insurance Corp.

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