Reply #10: 3 Banks closed by FDIC today [View All]

[pravin404]

As usual FDIC closed 3 banks this Friday.

"Heritage Bank, Farmington Hills, MI" and "American Southern Bank, Kennesaw, GA".

Some statistics about the bank failures :

American Southern Bank:
#26th bank to fail this year in USA
#First bank from Michigan to fail this year and 2nd since 2008
#Has $112.3 million in assets and $104.3 million in deposits

Heritage bank:
#27th bank to fail this year in USA
#5th bank from Georgia to fail this year and 10th since 2008
#Has $184.6 million in assets and $151.7 million in deposits
#Maximum banks failed in Georgia since 2008

First Bank of Beverly Hills, Calabasas, CA
# 28th bank to fail this year in USA
# 4th bank from California to fail this year and 9th since 2008
# Has $1.5 billion in assets and $1.0 billion in deposits


Check the list of all the failed banks at :
http://portalseven.com/Failed-Banks-2009 "> Failed Banks List


And on google map see where the banks are failing at :
Failed Banks Map - 2009


Also layoff tracker at :
Layoffs Tracker