Monday, April 20, 2009

Show-me a bank failure: Missouri bank is no.24


Posted by: Thomas Gillick
By: Catherine Clifford

NEW YORK (CNNMoney.com) -- Two more banks failed Friday bringing the tally to 25 in 2009, according to the government.

American Sterling Bank, based in Sugar Creek, Mo., and Great Basin Bank of Nevada in Elko, Nevada were shuttered by the Office of Thrift Supervision and the Federal Deposit Insurance Corporation was named receiver, according to statements posted on the FDIC's Web site.

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