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Regulators close banks in Florida and Georgia

PostPosted: Sat Jan 21, 2012 3:22 am
by admin
Regulators close banks in Florida and Georgia
from MarketWatch.com - MarketPulse
SAN FRANCISCO (MarketWatch) -- Financial regulators on Friday shuttered banks in Florida and Georgia, marking the first two bank closures of 2012. Authorities shut down Central Florida State Bank in Belleview, Fla. and the First State Bank of Stockbridge, Ga. In 2011, a total of 92 banks collapsed, compared with 157 in 2010.