2009 bank-failure tally climbs to 84

Freedom's Phoenix -- Global Edition

ENGLISH

YOU ARE NOT LOGGED IN

Member Log In

Forgot Your Password?

Newsletter Archives Contents Listed by Subject Freedom Polls News Links Feature Articles Opinion Columns Reference Links Arizona Voter Info Arizona's Top News

Search by Keyword Media - News Media - Blogs Media - Govt.

Membership Sign-Up Be a Writer Be a Reporter Contribute Funding Volunteer to Help Our Store: T-Shirts, etc. Link To Us

Advertisers Links Intro Audience Placement Traffic Advertising Rates Radio About Video Services DVD Duplication Radio Rates Freedom Icon Ads

About Us Contact Us Terms of Use Privacy Policy Writers List

List of Letters Write a Letter

Translate to English Traduzca en Español Translate any Page to English - Yahoo! Translate any Page to English - Google

Global US-Arizona US-Tennessee Ernie's Favorites THE R3VOLUTION CONTINUES Sammy's Test 4409 "It's Not My Debt" Fascist Nation's Favorites Corruption in Gilbert Arizona Surviving the Greatest Depression Sandbox Arizona Sky Watch

The Iron Web Larken Rose The United States is fast losing its reputation as the land of happiness an

Keene Free Talk Live New Hampshire www.freetalklive.com/

NEWS LINKS
Sign up to receive the Freedom's Phoenix Headlines by Email.
• • • •
News Link • Federal Reserve 2009 bank-failure tally climbs to 84 08-28-2009 • Market Watch Three more banks were closed by regulators Friday, bringing the 2009 toll to 84. The largest of Friday's three closures announced by the Federal Deposit Insurance Corp. was Affinity Bank, based in Ventura, Calif. Affinity, which had total assets of $1 billion, deposits of $922 million and 10 branches in Northern and Southern California as of July 10, will be taken over by San Diego-based Pacific Western Bank, the FDIC announced. The FDIC said former Affinity branch offices in San Francisco and San Mateo will be-open Saturday and the rest will re-open on Sunday. The FDIC said it and Pacific Western entered into a loss-share transaction of approximately $934 million of Affinity Bank's assets. The federal agency estimated the cost to the Deposit Insurance Fund at $254 million. Earlier Friday, regulars closed Baltimore-based Bradford Bank and Forest Lake, Minn.-based Mainstreet Bank. Bradford Bank, the second bank to fail in Maryland this year, had $452 million Read Full Story
Reported by

• • •
• • • •

Liberty News Radio Declare Your Independence Ernest Hancock

Freedom Forum News Links Feature Articles Opinions Reference Links Writers
Front Page About Us Contact Us Link To Us Terms of Use Privacy Policy Writer Log-in

FreedomsPhoenix.com
The domain and name of this website are servicemarks of Ernest Hancock.
Website is Copyright © 2010 by Ernest Hancock. All rights reserved worldwide.
Feature articles, columns, illustrations, and photographs are copyrighted and may not be
reproduced without the expressed permission of the credited writer, artist, or photographer.
No portion of this website, text, images, or source code may be framed on another website,
copied, reproduced, or distributed, by any means, without the written permission of
Ernest Hancock, 5739 N. 11th Way, Phoenix, AZ 85014 USA.

Website Designed by
USA Web
Advertising
Phoenix, Arizona
Arizona Life
Your Online Guide to
Attractions in Arizona