China Financial Daily

March 21, 2009

The United States failed bank this year to increase the number of 18

Filed under: Financial News — Tags: — Nancy @ 7:55 am -0700

The United States failed bank this year to increase the number of 18
Xinhua in Washington, on March 20th, The Federal Deposit Insurance Corporation of United States (FDIC) on 20th announced that on that day, the financial supervision department of Georgia closed the State Bank Firstcity. As this, the collapse of the banks in the United States since this year, in the number has risen to 18. The United States Federal Deposit Insurance Corporation has been designated as the administrator of the failed bank. The company said that as March 18th, assets and the total savings of FirstCity Bank were 297 million U.S. dollars and 278 million U.S. dollars.

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