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Fdic Bank Failures

Spring Cleaning: U.S. Treasury Announces Dutch Auction; FDIC Closes Two More Ailing Banks

Dennis Santiago | Posted 05.26.2012 | Business
Dennis Santiago

The FDIC closed two banks last Friday. Covenant Bank & Trust in Rock Spring, Georgia and Premier Bank in Wilmette, Illinois succumbed to long-time stresses.

FDIC Shutters Banks in Illinois and Indiana

Dennis Santiago | Posted 04.11.2012 | Business
Dennis Santiago

On Feb. 10, 2012 the FDIC shifted bank closure activity from the south to the center of the country this week failing Charter National Bank and Trust in Hoffman Estates, Ill. and SCB Bank of Shelbyville, Ind.

Too Big To Fail, Too Small To Survive

Huffington Post | Marcus Baram and Grace Kiser | Posted 05.25.2011 | Business

On Wall Street, they may be popping the champagne bottles over big bank profits this past quarter. But times are tough for small to mid-size banks aro...