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Archive Home > 2009 > June > 27 > 4 banks shut down; 44 failures this year

4 banks shut down; 44 failures this year


June 27, 2009

Regulators on Friday shut down four small banks, boosting to 44 the number of failures this year of federally insured banks. More are expected to succumb in the prolonged recession. The Federal Deposit Insurance Corp. was appointed receiver of the failed banks: Community Bank of West Georgia,....

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