Regulators close banks in Illinois and Minnesota; 91 bank failures so far this yearSeptember 11th, 2009 MB Financial to take over Corus Bank branchesCHARLOTTE, N.C. — Federal regulators on Friday said they seized Corus Bancshares Inc., a Chicago lender to condominium, office and hotel projects, adding it to the long list of banks that have succumbed this year to the recession and waves of loan defaults.
Piedmont Natural Gas posts 3rd-quarter loss as revenue tumbles by nearly halfSeptember 4th, 2009 Seasonal demand weakness hits Piedmont Natural GasCHARLOTTE, N.C. — Piedmont Natural Gas Inc.
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 6 banks in Georgia, bank in NY state; brings US bank failures to 64 this yearJuly 25th, 2009 Regulators shut 6 Ga banks, 1 in New York stateWASHINGTON — Regulators on Friday shut six banks in Georgia and a small bank in New York state, raising to 64 the number of federally insured banks to fail this year. The Federal Deposit Insurance Corp.
Regulators shut Calif. banks, small banks in Georgia, South Dakota; marks 57 US bank failuresJuly 18th, 2009 Regulators shut banks in Calif., Ga. and SDWASHINGTON — Regulators on Friday shut two banks in California and two smaller banks in Georgia and South Dakota, boosting to 57 the number of federally insured banks to fail this year.
Regulators shut small banks in Georgia, South Dakota; marks 55 US bank failures this yearJuly 18th, 2009 Regulators shut small Ga., SD banksWASHINGTON — Regulators on Friday shut down small banks in Georgia and South Dakota, boosting to 55 the number of federally insured banks 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 Community Bank of West Georgia; 41st bank failure this yearJune 26th, 2009 Regulators shut Ga. bank; 41st to fail this yearWASHINGTON — Regulators have shut down Community Bank of West Georgia, marking the 41st failure this year of a federally insured bank.
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.
Westsound Bank of Wash. becomes 33rd bank to fail in 2009; Kitsap Bank will take over depositsMay 9th, 2009 US regulators shut down 33rd bank this yearNEW YORK — Federal regulators on Friday shut down Westsound Bank of Bremerton, Wash., making it the 33rd bank to fail this year. The Federal Deposit Insurance Corp.
Regulators close Silverton Bank in Ga, set up temporary bank; shut New Jersey bankMay 2nd, 2009 Banks in Georgia, NJ 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.