According to the USAToday, 5 more banks were shuttered by regulators on Friday, 4th September, ahead of the Labor Day weekend.
Bank | Location | Assets | Deposits |
First Bank | Kansas City, MO | $16 million | $15 million |
Vantus Bank | Sioux City, IA | $458 million | $368 million |
InBank | Oak Forest, IL | $212 million | $199 million |
Platinum Community Bank | Rolling Meadows, IL | $346 million | $305 million |
First State Bank | Flagstaff, AZ | $105 million | $95 million |
For more information visit the USA today article at http://www.usatoday.com/money/industries/banking/2009-09-04-bank-failure_N.htm
1 comment:
Whew! I don't see my bank listed here. Guess I should switch to one of the bigger banks like Bank of America just to be safe. They won't go under like these smaller banks.
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