Another two depression-era financial institutions succumbed to the Great Recession. The latest bank failure was in Illinois. An additional institution was thrown into liquidation. The Illinois Department of Financial and Professional Regulation closed down Waukegan Savings Bank on Friday. brThe Waukegan, Ill., bank was established in 1924. As of the end of the first quarter, [...]
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GA Bank Becomes No. 3
January 16th, 2011
davidguide Oglethorpe Bank was closed down by the Georgia Department of Banking and Finance. Bank of the Ozarks was named the winning bidder of the failed bank. Oglethorpe was the third federally insured bank failure so far during 2011. View full post on Mortgage Stories
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