This week we had 7 bank closures, you heard that right, 7 bank closures. To make matters worse ALL 7 bank failures named the FDIC as the receiver. Here’s a list of all the banks:
Founders Bank, Worth, IL
Millennium State Bank of Texas, Dallas, TX
The First National Bank of Danville, Danville, IL
The Elizabeth State Bank, Elizabeth, IL
Rock River Bank, Oregon, IL
The First State Bank of Winchester, [ continue reading... ]
Tag Archives: bank failure
7 Banks Fail – FDIC Receiver of All of them
FDIC Shuts Down 5 Bank on June 26th
I am blown away at this. With all the “green shoots” (thank you Ben Bernanke for that term) and supposed health of the financial systems, we continue to have a high rate of bank failures, and have now totaled 45 banks for 2009.
The banks closed on June 26th were:
Mirae Bank, Los Angeles, CA
MetroPacific Bank Irvine, CA
Horizon Bank, Pine City, MN
Neighborhood Community Bank, Newnan, GA
Community Bank [ continue reading... ]
Major PS3 Outage - Sony Playstation 3 PSN Network Down
openSUSE Weekly News, Issue 112 is out!
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