Monday, December 20, 2010

United States the number of small and medium-sized bank failure continues to increase

Although the United States economy had started to recover from the recession, but the situation of small and medium-sized Bank United States remains difficult. United States Federal Deposit Insurance Corporation 20, turn off the Florida Bank of a small, so that this year the number of bank failures to 124.

Fort Myers Southwest Florida bank assets 7970 million, affected by financial crisis, the banking business increasingly difficult since the beginning of this year, the end result of insolvency and bankruptcy, it would be Minnesota's a bank takes over. The closure case will enable the Federal Deposit Insurance Corporation spent $ 2360.

Real estate market bubble burst and financial crisis in the United States a serious blow in the banking sector, a large number of small and medium-sized bank failures. According to the Federal Deposit Insurance Corporation and statistics, 2008, United States of a failed bank number to 25, 2007, only three.

Federal Deposit Insurance Corporation Chairman Sheila · Bell recently said that before the end of the year United States Bank bankruptcy will increase and will peak in 2010.

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