This week we had 2 banks failures, which brings the total for 2011 to 25 institutions. This past week we lost Legacy Bank in Milwaukee Wisconsin and First National Bank of Davis in Davis Oklahoma. We are slowing down on failures with respect to 2010 where we lost 30 banks by now. Hopefully this is a good sign for the Economy, but with more troubles for the U.S. coming I think this is more of a rest due to foreclosure freezes.
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