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Sunday, April 17, 2011

Weekly FDIC Bank Failures

Well the past few week have been uneventful when it comes to bank failures (a trend we would like to keep up), but this week a larger number of banks failed making things a little more eventful.  This week we lost 6 banks; Heritage Banking Group out of Carthage Mississippi, Rosemount National Bank out of Rosemount Minnesota, Nexity Bank out of Birmingham Alabama, New Horizons Bank out of East Ellijay Georgia, Bartow County Bank out of Cartersville Georgia and Superior Bank out of Birmingham Alabama.  This brings the total of banks failed during 2011 to 34 institutions.

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