Bank Of Baku

Three more banks closed in USA

Three more banks closed in USA
# 09 July 2011 10:28 (UTC +04:00)
Baku. Vahab Rzayev - APA. The Federal Deposit Insurance Corp. which is the regulatory organ US’ banking sector closed 3 more banks, bringing the total number of foreclosures in 2011 to 51.

According to “APA-Economics”, First Chicago Bank & Trust of Chicago of Illinois state ($960 million in total assets), Colorado Capital Bank of Castle Rock of Colorado state ($717.5 million in total assets) and Signature Bank of Windsor ($67 million in total assets) are among these banks.


In 2010, 157 banks failed, following 140 failures in 2009.
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