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Two Irwin Union Bank failures bring 2009 total to 94

09-18-2009 • Marketwatch

Two Irwin Union Bank subsidiaries in Kentucky and Indiana were closed by regulators Friday, bringing the total number of U.S. bank failures this year to 94 and punching an $850 million hole in the federal deposit insurance fund.

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Two Irwin Union Bank failures bring 2009 total to 94

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