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Fdic Bank Closings

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Bank closing in May
State . . Bank Name
------- -----------------------------
AZ . . . Central Arizona Bank
GA . . . Sunrise Bank
NC . . . Pisgah Community Bank

FDIC BANK Closings
. . . 2007 . . . .3
. . . 2008 . . . 25
. . . 2009 . . .140
. . . 2010 . . .157
. . . 2011 . . . 92
. . . 2012 . . . 49
. . . 2013 . . . 13
. . . . . . . . . . . -----
TOTAL . . . .480

I intend these announcements to be a positive thing.
. . . When you see the FDIC closing a bank,
. . . capital is no longer bring wasted and
. . . tied up in failed enterprises.
. . . It is a sign of an economy trying to recover.

Source: fdic


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