Saturday, February 11, 2012

Regulators Close Two Banks; US Bank Closures Reach 9 In 2012

(RTTNews.com) - The Federal Deposit Insurance Corp. or FDIC, announced Friday the shuttering of two banks, one each in Illinois and Indiana, taking the count of U.S. bank closures in 2012 to nine, after 92 in 2011 and the 157 bank closures in 2010. The closures were the first in both the states this year.

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