Regulators shut down banks in California, Maryland, Minnesota; 84 since last year

laid offWASHINGTON — Regulators on Friday shut down banks in California, Maryland and Minnesota, pushing to 84 the number of bank failures this year amid the soured economy and rising loan defaults.

Regulators close Silverton Bank in Ga, set up temporary bank; shut New Jersey, Utah banks

WASHINGTON — Regulators shut down Silverton Bank in Georgia on Friday and set up a temporary government-controlled bank until a buyer can be found. Silverton, which operated as a sort of wholesale bank, fell victim to large losses on real estate construction and development loans, regulators said.

Regulators close Silverton Bank in Ga, set up temporary bank; shut New Jersey bank

WASHINGTON — Regulators shut down Silverton Bank in Georgia on Friday and set up a temporary government-controlled bank until a buyer can be found. Silverton, which operated as a sort of wholesale bank, fell victim to large losses on real estate construction and development loans, regulators said.

Regulators close Silverton Bank in Georgia, set up temporary bank; 30th bank failure this year

WASHINGTON — Regulators have shut down Silverton Bank in Georgia and set up a temporary government-controlled bank until a buyer can be found. It was the 30th bank failure this year in the U.S.

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Bank-closures

  • bhamheraldbiz A week without bank closures http://bit.ly/ddJ4g
  • solarlotus Sheeplets beware and wake up...no point crying later if the boys tag you with their chemicals-vaccine campaign coincides with bank closures?
  • skang357 Never buy any shitty no name banks under 2 dollars on a Friday. Never. That is Fed takeover day for bank closures. Always on a Friday.
  • WinonaDailyNews Panel looks at health of state banks: ST. PAUL, Minn. - A spate of bank closures is prompting a Capitol hearing.. http://bit.ly/KjUJi
  • PolAnimal twincities.com: Panel looks at health of Minnesota banks: A spate of bank closures is prompting .. http://bit.ly/1q0H1r
  • ryanmcmaken Another Colorado bank was shut down by the FDIC on Friday. Here's a brief history of bank closures in Colo. http://ow.ly/sQnX
  • TradGuyMichigan With Warren Bank being closed by FDIC, will this start an avalanche of bank closures in Michigan?
  • Niuncentav0 Stimulus bill stopped us from falling off a cliff? What is 9.8% unemployment, 95 bank closures, high home forelosures, 2T$ debt & weak US$?

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Bank-closures

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