FDIC Losses Total $1Billion On 3 Bank Failures

Banking Failures Hit 123 As Of November 13, 2009 Regulators closed three additional banks today in Florida and California.  The three failed banks had a total of 36 branches with total assets of $3.6 billion.  The total cost to the FDIC Deposit Insurance Fund for the three failed banks is estimated at $986.4 million.   The […]