Bank Failure Friday: #54, #55, #56 and #57

Bankfirst of South Dakota.
First Piedmont Bank of Georgia.
Vineyard Bank of California, with $1.9 Billion in assets.
Temecula Valley Bank of California with $1.5 Billion in assets.

Just another Friday in 2009.

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what's going on in Georgia?

Have you noticed that there sure seems to be a lot of bank failures there? any insight into the reasons for that?

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