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Regulators Close Georgia, Florida Banks

The FDIC said two banks failed, McIntosh State Bank in Georgia and First Commercial Bank of Tampa Bay in Florida, to bring the tally of closures so far this year to 47.

 

Regulators Close Banks in Florida, Minnesota

Regulators Close Banks in Florida, Minnesota

The Federal Deposit Insurance Corp. said state regulators closed Access Bank of Champlin, Minn., and the Bank of Bonifay in Bonifay, Fla., bringing to 66 the number of U.S. banks that have failed this year.

 

Two bank failures raise year's tally to 30

Two bank failures raise year's tally to 30

The closures of Statewide Bank in Louisiana and Florida's Old Southern Bank brought the number of bank failures this year to 30, according to the Federal Deposit Insurance Corp.

 

Fla. Bank Failure Is Biggest of Year

The largest bank failure so far in 2009 is also notable because the failed bank's buyer is a consortium of private-equity firms. BankUnited, FSB, based in Coral Gables, Fla., was closed by the Office of Thrift Supervision on Thursday, and the Federal Insurance Deposit Corporation was appointed receiver.

 

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