The Risk Professional: USA reaches 100 failed banks so far in 2010
The USA's secret banking crisis continues. Small banks are failing by the handful. More than 100 have failed so far this year and the dubious accolade of being the 100th falls to the first to fail this year in Kansas - Thunder Bank which was little more than a pocket money bank.
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The Risk Professional: USA reaches 100 failed banks so far in 2010
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FIs closed: Community Security Bank, New Prague, Minnesota, USA
FIs closed: Thunder Bank, Sylvan Grove, Kansas, USA
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