2010-06-04 — bankimplode.com
Arcola Homestead Savings Bank, Arcola, Illinois, became the 80th FDIC-insured institution to fail in the nation this year, when the agency approved the payout of the insured deposits. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $3.2 million. Read our full coverage here.
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