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

Submitted by midtowng on Fri, 07/17/2009 - 17:48.

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.

‹ #1 Blogger Calculated Risk smacks down Barry Ritholtz' stupidity Industrial Production & Capacity Utilization - A Contraction is a Contraction ›

what's going on in Georgia?

Submitted by Robert Oak on Fri, 07/17/2009 - 18:04.

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

Not yet rated.

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.