US regulators close down three banks

US regulators shut down banks in California, Maryland and Minnesota, pushing to 84 the number of bank failures this year amid the soured economy and rising loan defaults.

US regulators close down three banks
Sat, 29 Aug, 2009 - 10:09

US regulators shut down banks in California, Maryland and Minnesota, pushing to 84 the number of bank failures this year amid the soured economy and rising loan defaults.

The Federal Deposit Insurance Corp took over the three banks.

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CourtsBusinessHeathrowPlace: USPlace: CaliforniaPlace: MarylandPlace: MinnesotaPlace: Ventura, CaliforniaPlace: BaltimorePlace: Forest Lake, MinnesotaOrganisation: Federal Deposit Insurance CorpOrganisation: Affinity BankOrganisation: Bradford BankOrganisation: Mainstreet Bank
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