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Archive for March 5th, 2010

Bank Failures #23, #24, #25, & #26

Friday, March 5th, 2010

Here they are courtesy of the FDIC.
#23
Sun American Bank, Boca Raton, Florida, was closed today by the Florida Office of Financial Regulation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with First-Citizens Bank & Trust Company, Raleigh, North Carolina, to [...]