Friday, April 16, 2010 - 9:29 PM
FDIC had a busy day today: eight banks closed in FL, CA, WA, MI, and MA. One in particular, City Bank of Lynnwood, WA, is noteworthy, as I recall that this blog has had posts on its products before. FDIC could not find a buyer of Lakeside Community Bank of Troy, MI. Total number of bank closures this year is now at 50.
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