Bank Failure Friday - 4 more bite the dust, 2010 tally 90

Submitted by Robert Oak on Fri, 07/09/2010 - 21:47

Ah, Happy Friday. What would the start of the weekend be with out a few bank failures.

This week's casualties are:

  1. Bay National Bank, Baltimore, Maryland - $17.4 million
  2. Ideal Federal Savings Bank, Baltimore, Maryland - $2.1 million
  3. USA Bank, Port Chester, New York - $61.7 million
  4. Home National Bank, Blackwell, Oklahoma - $78.7 million

The numbers are the FDIC Deposit Insurance Fund costs. This is the first bank failure in Oklahoma this year, the 3rd in New York and Maryland.

Party On Garth.

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