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Archive Home > 2009 > April > 25 > Three more banks are shut down

Three more banks are shut down


April 25, 2009

Regulators on Friday shut down three more banks, boosting the number of failures this year to 28 — more bank closures than in all of last year.

The latest banks seized were American Southern Bank in Georgia, Michigan Heritage Bank and First Bank of Beverly Hills in California.

The....

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