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4 Banks Closed Oct. 21

Four banks were closed this weekend by state and federal banking regulators. These failures bring the year’s tally to 102 failed institutions. The latest failures: Community Banks of Colorado, Greenwood, Colo., Community Capital Bank, Jonesboro, Ga., Old Harbor Bank, Clearwater, Fla., and Decatur First Bank, Decatur, Ga. The FDIC entered into a purchase and assumption agreement with Bank Midwest, National Association, Kansas City, Mo., to assume all of the deposits of the banks.”]

Source: https://www.cuinfosecurity.com/4-banks-closed-oct-21-a-4181

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