Regulators take over 2 failed Arizona banks, assets sold to Oklahoma City's MidFirst BankAugust 15th, 2009 Regulators seize 1 Nevada, 2 Arizona banksPHOENIX — Two Arizona banks were declared failed institutions on Friday and were taken over by federal or state regulators. The Federal Deposit Insurance Corporation took over control of Gilbert-based Union Bank, National Association.
Regulators shut down Colonial BancGroup in biggest bank failure of this yearAugust 15th, 2009 Colonial BancGroup shut down by federal officialsWASHINGTON — Real estate lender Colonial BancGroup Inc. has been shut down by federal officials in the biggest U.S.
Regulators close 2 banks in Florida, 1 in Oregon, marking 72 US bank failures this yearAugust 8th, 2009 Regulators close 3 banks in Fla., Ore.; total 72NEW YORK — Regulators on Friday shut down two banks in Florida and one in Oregon, bringing to 72 the number of federally insured banks to fail this year under the weight of the weak economy and rising loan losses. The Federal Deposit Insurance Corp.
Regulators close 2 banks in Florida, marking 71 US bank failures this yearAugust 8th, 2009 Regulators close 2 banks in FloridaNEW YORK — Regulators on Friday shut down two banks in Florida, bringing to 71 the number of federally insured banks to fail this year under the weight of the weak economy and rising loan losses. The Federal Deposit Insurance Corp.
Regulators shut Waterford Village Bank in NY state; 58th US bank to fail this yearJuly 25th, 2009 Regulators shut small bank in NYWASHINGTON — Regulators have shut Waterford Village Bank, a small bank in New York state, boosting to 58 the number of federally insured banks to fail this year. The Federal Deposit Insurance Corp.
Regulators shut First Piedmont Bank in Georgia; 54th US bank to fail this yearJuly 18th, 2009 Regulators shut small Georgia bank; 54th this yearWASHINGTON — Regulators have shut down First Piedmont Bank in Georgia, the 54th federally insured bank to fail this year. The Federal Deposit Insurance Corp.
Regulators shutter small Wyoming bank, bringing this year's failed bank tally to 53July 11th, 2009 Regulators shut small Wyoming bankNEW YORK — Regulators on Friday shut Bank of Wyoming, marking the 53rd failure this year of a federally insured bank. The Federal Deposit Insurance Corp.
Regulators shut down 2 banks in Ga, 2 in Calif and 1 in Minn; 45 bank failures this yearJune 27th, 2009 Regulators shut 5 banks; 45 failures this yearNEW YORK — Regulators on Friday shut down five small banks, boosting to 45 the number of failures this year of federally insured banks. More are expected to succumb in the prolonged recession.
Regulators shut down 2 banks in Ga, 1 in Minn and 1 in Calif; 44 bank failures this yearJune 27th, 2009 Regulators shut 4 banks; 44 failures this yearNEW YORK — Regulators on Friday shut down four small banks, boosting to 44 the number of failures this year of federally insured banks. More are expected to succumb in the prolonged recession.
Regulators shut 2 small Georgia banks; 42 bank failures this yearJune 27th, 2009 Regulators shut 2 Ga. banks; 42 failures this yearWASHINGTON — Regulators on Friday shut down two small banks in Georgia, boosting to 42 the number of failures this year of federally insured banks.
Regulators shut down 2 small Southern banks, bringing this year's failed bank tally to 39June 20th, 2009 Regulators close 2 small Southern banksNEW YORK — Regulators on Friday shut down a small bank in Wilmington, N.C. and another small bank in Fayetteville, Ga., pushing this year's tally of failed banks up to 39.
Regulators shut down 3 small banks, bringing this year's failed bank tally to 40June 20th, 2009 US regulators close 3 small banksNEW YORK — Regulators have shut down three more small banks, pushing this year's tally of failed banks to 40. One bank closed Friday was in North Carolina, another in Georgia, and the third was in Kansas.
Regulators close Silverton Bank in Ga, set up temporary bank; shut New Jersey, Utah banksMay 2nd, 2009 Banks in Georgia, NJ, Utah shut by regulatorsWASHINGTON — 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 yearMay 1st, 2009 Silverton Bank in Georgia shut down by regulatorsWASHINGTON — 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.
Regulators shut failed American Southern Bank in Ga.; 26th failure this year beats 2008 totalApril 24th, 2009 Regulators shut American Southern Bank in GeorgiaCHARLOTTE, N.C. — Regulators on Friday shut down American Southern Bank in Georgia, boosting the number of failures this year to 26 — more bank closures than in all of last year.
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June 27th, 2009 at 1:59 am
FDIC closed 4 banks today (26 June)
69 banks failed since 2008, 25 in 2008 and 44 in 2009 till now.
So far 14 banks failed only in Georgia since 2008 and 9 this year alone.
Behind is the California with 10 bank failures since 2008 , 5 each in 2008 and 2009
Check the list of all the failed banks at :
http://portalseven.com/Failed-Banks-2009
And on google map see where the banks are failing at :
http://portalseven.com/finance/Failed_Banks_Map_2009.jsp
Some statistics about the bank failures :
Community Bank of West Georgia, Villa Rica, GA :
# 41st bank to fail this year in USA
# 8th bank to fail this year and 13th since 2008 from Georgia state.
# As of May 15 has $199.4 million in assets and $182.5 million in deposits
Neighborhood Community Bank, Newnan, GA :
# 42nd bank to fail this year in USA
# 9th bank to fail this year and 14th since 2008 from Georgia state.
# As of March 31 has $212 million in assets and $190 million in deposits
# CharterBank, West Point, Georgia Assumes All of the Deposits of bank
Horizon Bank, Pine City, MN:
# 43rd bank to fail this year in USA
# 1st bank to fail this year and 2nd since 2008 from Minnesota state.
# As of March 31 has $84 million in assets and $69 million in deposits
# All deposit accounts, excluding certain brokered deposits, have been transferred to Stearns Bank N.A., St. Cloud, MN
Metro Pacific Bank, Irvine, CA :
# 44th bank to fail this year in USA
# 5th bank to fail this year and 10th since 2008 from California state.
# As of March 31 has $75 million in assets and $70 million in deposits
# All non-brokered deposit accounts have been transferred to Sunwest Bank, Tustin, CA