Another Friday, another announcement of five more bank closings by the FDIC. This week's winners are:
- Bank of Florida - Southeast
- Bank of Florida - Southwest
- Bank of Florida – Tampa Bay
- Sun West Bank - Las Vegas, NV
- Granite Community Bank - Granite Bay, CA
Cost to the FDIC: 3 Florida banks $203 million, California bank, $17.3 million and the Las Vegas bank, $96.7 million.
This is the second bank failure in Nevada this year.