The FDIC sent the entire staff to IL on Friday to close 7 banks. The FDIC estimates these 7 banks will cost the Deposit Insurance Fund roughly $973.9 million. Friday's closings brings the total for 2010 to 57.
FL is no longer atop the leader board with 9 banks closed in 2010 as IL just took the lead with 10 banks. FL is now running for silver while GA is vying for bronze with 7 bank closings.
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