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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
August 29, 2009
Regulators on Friday shut down banks in California, Maryland and Minnesota, pushing to 84 the number of bank failures this year amid the soured economy and rising loan defaults.
The Federal Deposit Insurance Corp. took over the three banks: Affinity Bank, based in Ventura, Calif., with about $1....