2010-03-19bankimplode.com

The beat goes on in Geoiga as the FDIC shutters Century Security Bank, Duluth, Georgia, tonight. The agency estimates that the hit to the Deposit Insurance Fund (DIF) will be $29.9 million. Century Security Bank is the 32nd FDIC-insured institution to fail in the nation this year, and the third in Georgia. Read our full coverage here.



Comments: Be the first to add a comment

add a comment | go to forum thread