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First Banking Failure of 2010 To Cost FDIC $539 Million

January 9, 2010 By Bill Zielinski Leave a Comment

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, […]

Filed Under: Bank Failure, Failed Banks, FDIC, featured, Loss share transactions Tagged With: First Banking Failure of 2010

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