Good Morning WB...glad to see you posting here and good to know you are still lurking around..:-)
Four more bank failures bring 2010 tally to 37
SAN FRANCISCO (MarketWatch) -- Four additional banks in Georgia, Alabama and Minnesota were closed by regulators Friday, bringing the national total to 37 for the year to date. Ellijay, Ga.-based Appalachian Community Bank /quotes/comstock/11i!apab (APAB 0.21, 0.00, 0.00%) , Hiawassee, Ga.-based Bank of Hiawassee, Fort Deposit, Ala.-based First Lowndes Bank and Aurora, Minn.-based State Bank of Aurora were all closed. The four bank failures will cost the deposit-insurance fund $599.5 million, according to the Federal Deposit Insurance Corp.