Georgia is Leading the US in Number of Banks and Bank Failures

Georgia is Leading the US in Number of Banks and Bank Failures

It seems as if banks in Georgia just cant seem to stay solvent. This may be turning into a real problem for residents of that state, as many of them could soon have far fewer banking options.

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Number of Failed Bank in 2009 Tops 100

Number of Failed Bank in 2009 Tops 100

After a brief vacation over Columbus Day weekend, the rolling tally of failed banks is back again, making up for the lost time with 1 failure on October 16th and 7 this past Friday, October 23rd.  

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Introducing our Failed Bank List of 2009

Announcing our ongoing commitment to keep track of failed banks. Some banks are larger than others, but even the small ones still have an impact on their communities. We will provide the list along with some brief notes about the acquiring bank. One special feature of our list, is a map of failed banks per state. Here is a screenshot of banks that have failed per state.

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