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22 Banks Fail in 2 Months

Did TARP stimulate the economy and help banks? Or did TARP help bankers? Here is a list of the 22 banks that failed in January and February 2010.

1.   Rainier Pacific Bank    Tacoma  WA    
2.   Carson River Community Bank   Carson City     NV    
3.   La Jolla Bank, FSB       La Jolla   CA    
4.   George Washington Savings Bank     Orland Park  IL    
5.   The La Coste National Bank     La Coste  TX    
6.   Marco Community Bank     Marco Island  FL    
7.   1st American State Bank of Minnesota     Hancock  MN
8.   American Marine Bank     Bainbridge Island  WA    
9.   First Regional Bank       Los Angeles     CA    
10. Community Bank and Trust       Cornelia   GA    
11. Marshall Bank, N.A.       Hallock  MN    
12. Florida Community Bank     Immokalee  FL    
13. First National Bank of Georgia   Carrollton  GA    
14. Columbia River Bank      The Dalles     OR    
15. Evergreen Bank      Seattle     WA    
16. Charter Bank       Santa Fe     NM    
17. Bank of Leeton     Leeton     MO    
18. Premier American Bank         Miami     FL    
19. Barnes Banking Company   Kaysville   UT    
20. St. Stephen State Bank     St. Stephen  MN    
21. Town Community Bank & Trust      Antioch  IL    
22. Horizon Bank     Bellingham     WA

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March 1, 2010 Posted by | 1 | , , | Leave a comment