Cortez Community Bank, Brooksville, Florida, Closed By Regulators

Cortez Community Bank, Florida, became the nation’s 35th banking failure of 2011.  According to the FDIC, the failed bank will be acquired by Premier American Bank, which has previously acquired other failed banks. Premier American Bank, National Association, Miami, Florida, acquired the banking operations, including all the deposits, of two Florida-based banks. To protect depositors, […]