BUSINESS
03/18/2010 05:12 am ET | Updated May 25, 2011

Community Banks In Trouble? More Bailed-Out Banks Fail To Pay U.S. Dividends

A growing number of community banks that got federal bailouts are failing to pay quarterly dividends they owe to the government, including two banks that got aid after congressional intervention on their behalf, according to data released Monday by the Treasury Department.

Fifty-five banks failed to make dividend payments in November, a 67 percent jump over the number of delinquent banks three months earlier.

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