"Our Children and Grandchildren are not merely statistics towards which we can be indifferent" JFK

Saturday, March 6, 2010

FDIC Bank Closings: 4 more and 26 total closed Year to date

The FDIC is getting their groove back as they closed 4 more banks Friday. The 2010 year to date total is 26 banks.

The estimated cost to the FDIC on these 4 closings is $304.8 million.

140 banks were closed in 2009 while 25 were closed in 2008.

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