2010’s First Banking Failure Reveals That Almost Half Of Failed Horizon Bank’s Assets Were Worthless After a holiday rest of three weeks since the last banking failures on December 18, 2009, regulators announced the first banking failure of 2010. The honor of the first failed bank of 2010 belongs to Horizon Bank of Bellingham, […]
First Banking Failure of 2010 To Cost FDIC $539 Million
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