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FDIC Shuts Down Two More Banks HW+

Jan 18, 2009By

2009 now has its first two bank failures of the year, with the Federal Deposit Insurance Corp. and state regulators on Friday shutting down two small banks in Illinois and Washington; the closures represent the 26th and 27th bank failures during the current credit meltdown. And more are on the way, if the profile of the closed banks is any indication.

3d rendering of a row of luxury townhouses along a street

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