Regulators shutter Bank of Lincolnwood in Illinois; 37th US bank failure this year

WASHINGTON — Regulators on Friday shut down Bank of Lincolnwood, a small bank in Illinois, marking the 37th failure this year of a federally insured bank. More are expected to succumb amid the pressures of the weak economy and mounting loan defaults.

Westsound Bank of Wash. becomes 33rd bank to fail in 2009; Kitsap Bank will take over deposits

NEW YORK — Federal regulators on Friday shut down Westsound Bank of Bremerton, Wash., making it the 33rd bank to fail this year.