Economic Charts

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Sunday, February 27, 2011

Weekly FDIC Bank Failures

We only lost 1 bank this week bringing the total banks failed in 2011 to 23.  This week we lost Valley Community Bank in St. Charles Illinois.  Currently we are ahead of the pace set last year with 22 banks lost by this time last year and way ahead of the pace set in 2009 with 16 banks failed by Feb 27th.  This could mean that we may on pace to exceed 157 set in 2010.  

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