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Bank failures top 100 signal deeper banking woes
Washington reports 106 bank collapses this year the most since 1992 as regulators seize small banks to avert broader panic. The FDIC faces a multibillion dollar bill, seeks $45 billion in advance premiums, and weighs slow closings to preserve public confidence amid a weak recovery and rising at risk flags.
MENTIONED IN THIS ARTICLE
Washington
Florida
Partners Bank
Hillcrest Bank Florida
Naples
Flagship National Bank
Bradenton
American United Bank of
Lawrenceville
Bank of Elmwood
Racine
Wis
Riverview Community
Otsego
Minn
First Dupage Bank
Westmont
Federal Deposit Insurance Corp
FDIC
Andrew Gray
Mark Williams
Federal Reserve