Regulators on Friday shuttered banks in Florida, Illinois, Maryland and Utah, boosting to 26 the number of bank failures in the U.S. so far this year following the 140 brought down in 2009 by mounting loan defaults and the recession.
The Federal Deposit Insurance Corp. took over Sun American Bank, based in Boca Raton, Fla., with [...]
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Banks shuttered in Fla., Ill., Md., Utah
March 6th, 2010 by Mortgage Writer
Tags: american bank, banks, federal deposit, Florida, illinois, maryland, utah
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