Posted on August 24, 2009 - by admin

Number of Bank Failures this year: 81 and Counting

Real Estate News & Commentary by Chris McLaughlin, August 24, 2009 Number of bank failures this year: 81 and counting Last week, regulators closed 4 banks, bringing the number of bank failures to 81 so far this year. The banks which were shut down are Guaranty Financial Group of Austin, Texas, with deposits of $12 billion; CapitalSouth Bank of Birmingham, Alabama, which had $546 million of deposits, First Coweta of Newnan, Georgia, which had $155 million of deposits, and ebank of Geo

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Number of Bank Failures this year: 81 and Counting