Regulators shut small banks in Maryland, Minnesota; makes 83 US bank failures this year
Aug 29, 2009 at 2:39 am.
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Regulators shut banks in Maryland, Minnesota
WASHINGTON — Regulators on Friday shut down small banks in Maryland and Minnesota, pushing to 83 the number of bank failures this year amid the soured economy and rising loan defaults.
The Federal Deposit Insurance Corp. took over Baltimore-based Bradford Bank, with about $452 million in assets and $383 million in [...]
Source:Regulators shut small banks in Maryland, Minnesota; makes 83 US bank failures this year
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