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Friday, January 22, 2010 - 8:36 PM
Bank Failure #8 & #9 of 2010: Evergreen Bank, Seattle, WA & Columbia River Bank, The Dalles, OR
From the FDIC
the FDIC entered into a purchase and assumption agreement with Umpqua Bank, Roseburg, Oregon, to assume all of the deposits of Evergreen BankAnother FDIC press release
the FDIC entered into a purchase and assumption agreement with Columbia State Bank, Tacoma, Washington, to assume all of the deposits of Columbia River BankThat makes 5 bank failures for the day with at least one in each of the major time zones.
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