Echo

FDIC closes two more banks this week

Saturday, April 11, 2009

And the saga goes on. The FDIC, coming back from a week off, closed two more banks on April 10, 2009, New Frontier Bank, Greeley, CO and Cape Fear Bank, Wilmington, NC. The total number of institutions that have failed, including commercial banks, saving and loan institutions, and other thrift failures, in 2009 stands at 23.

Rebecca Wilder

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