The first bank failures of 2012 occurred today when regulators closed three banks in Florida, Georgia and Pennsylvania. Florida and Georgia are continuing a trend from last year when they accounted for almost 40% of the nation’s 92 banking failures. Georgia had 23 bank failures in 2011 followed by Florida with 13 bank failures. Today’s […]
First 3 Bank Failures Of 2012 Occur In Florida, Georgia and Pennsylvania
January 20, 2012 By Leave a Comment
American Eagle Savings Bank, Boothwyn, PA, Closed By Regulators
January 20, 2012 By Leave a Comment
With any type of luck, American Eagle Savings Bank of Boothwyn, PA, could have gone unnoticed by regulators. American Eagle was a speck of a bank with only $19.6 million in total assets, despite the fact that it was one of the oldest banks in the country, having been established in 1917. The smallest bank […]