This week took 7 more banks, notably three in Puerto Rico. The cost for this Friday's closings is $7.4 billion dollars.
The Federal Deposit Insurance Corp. said Puerto Rico's Westernbank, Eurobank and R-G Premier Bank of Puerto Rico were all closed, with a combined $14.84 billion in deposits.
Their closure will cost the deposit-insurance fund roughly $5.28 billion
Then, Frontier Bank, Washington was closed. The FDIC cost, $1.37 billion.
Three smaller banks were closed as well. CF Bancorp, Michigan, Champion Bank in MIssouri and BC National Banks.
The 2010 tally stands at 64.