Three banks were closed by state and federal banking regulators on Friday, July 29. These failures bring the year’s tally to 77 failed institutions. The latest failures: Integra Bank, National Association, Evansville, Ind., BankMeridian, N.A., Columbia, S.C., Virginia Business Bank, Richmond. The FDIC was appointed as receiver. The cost to the Deposit Insurance Fund [DIF] will be $170.7 million. The OCC appointed the FDIC as receiver.”]
Source: https://www.cuinfosecurity.com/three-banks-closed-on-july-29-a-3910