#BankFailFriday March 19, 2010 Recap

Seven banks were closed on #BankFailFriday, March 19, 2010. The total number of banks closed this year is 37. The closure of these seven banks cost the FDIC Deposit Insurance Fund (DIF) $1.28 Billion. The seven banks assets totaled approximately $3.32 Billion. The banks closed were:

  • American National Bank, Parma, Ohio

  • Century Security Bank, Duluth, Georgia

  • Advanta Bank Corp., Draper, Utah

  • Appalachian Community Bank, Ellijay, Georgia

  • Bank of Hiawassee, Hiawassee, Georgia

  • First Lowndes Bank, Fort Deposit, Alabama

  • State Bank of Aurora, Aurora, Minnesota