Bank Body Count
With the month of September rushing to a close, leaving only 3 months to go, there were only 2 banks down this week:
- Haven Trust Bank, Florida
- North County Bank,Washington
That brings the 2010 bank body count to 127.
Well, at least we still have those safe credit unions, right?
WASHINGTON (AP) -- Federal regulators took over three key lenders to U.S. credit unions, after losses on mortgage investments threatened to topple them. The move was a reminder that parts of the financial system are still burdened by the toxic assets two years after the financial crisis peaked.
Oops.






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