87: Number of Banks Closed In The U.S. In 2011November 5, 2011 3:31 am
We had spotted some statistics on the number of banks closed in the U.S before – we spotted this today:
“U.S. regulators closed two more banks on Friday — one in Utah and another in Nebraska — bringing the total number this year to 87.
The Federal Deposit Insurance Corporation (FDIC) said the SunFirst Bank of Saint George, Utah, has been closed. It said the three branches of SunFirst Bank will reopen as branches of Cache Valley Bank on Saturday.”
Statistics Source: Reuters