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pscot Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-17-10 10:03 AM
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335 millions worth of fail
http://www.marketwatch.com/story/five-more-bank-failures-bring-2010-tally-to-96-2010-07-16-1835260

Five more bank failures brought the total tally for the year to 96, according to the Federal Deposit Insurance Corp. on Friday. Commercial Bank of Alma, Mich., will assume all of the deposits of Mainstreet Savings Bank, FSB, in Hastings, Mich; and CenterState Bank of Winter Haven, Fla., will assume all of the deposits of Olde Cypress Community Bank of Clewiston, Fla. Also, NAFH National Bank of Miami will assume deposits for Miami's Metro Bank of Dade County; Turnberry Bank of Aventura, Fla.; and First National Bank of the South in Spartanburg, S.C. Earlier in the day, regulators closed Woodlands Bank in Bluffton, S.C., with Bank of the Ozarks of Little Rock, Ark., assuming all its deposits. The total charge to the deposit-insurance fund for the five banks is $334.8 million.
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