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Bay National Bank, Baltimore, Maryland – Banking Failure Number 87

July 9, 2010 By Bill Zielinski Leave a Comment

July 9, 2010 – Bay National Bank, Baltimore, Maryland, became the nation’s 87th banking failure this year and the second banking failure in Maryland this week.  Bay National, which had been classified as “critically undercapitalized” by regulators, was closed by the Office of the Comptroller of the Currency, which appointed the FDIC as receiver. The […]

Filed Under: Bank Failure, Banking News, Failed Banks, FDIC Tagged With: Bay National fails, Maryland sees two banking failures

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