Will the Failure of Pisgah Community Bank Trigger the Collapse of 10 Related Banks?

Bank failures don’t come much smaller than today’s closing of Pisgah Community Bank, Asheville, N.C.  Total assets at Pisgah amounted to only $21.9 million, smaller than what many of the top executives take home in a year at the “too big to fail” banks. Pisgah Community Bank was established on May 15, 2008 on the […]