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alp227

(31,962 posts)
Sat Jul 21, 2012, 02:18 AM Jul 2012

Five Banks Fail, 2012 Tally at 38

Source: The Street

State and federal regulators on Friday closed four banks and one savings and loan association, bringing year's total number of bank and thrift failures to 38.

All four failed institutions were previously included in TheStreet's Bank Watch List of undercapitalized banks and thrifts, based on regulatory data provided by Thomson Reuters Bank Insight.

The Royal Palm Bank of Florida

The Florida Office of Financial Regulation closed The Royal Bank of Florida, of Naples, which had $87 million in total assets and $85.1 million in total deposits when it failed.

Read more: http://www.thestreet.com/story/11632435/1/three-banks-fail-2012-tally-at-36.html?cm_ven=GOOGLEN

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Five Banks Fail, 2012 Tally at 38 (Original Post) alp227 Jul 2012 OP
Georgia should retire the title. bluedigger Jul 2012 #1
I guess I should care about this, but I just don't. Bet some crook got the money. freshwest Jul 2012 #2
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