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The First 2 Banks to Fall in 2009

Two banks have just fallen to start off the 2009 list. National Bank of Commerce of Berkeley, Illinois and Bank of Clark County of Vancouver, Washington. So the FDIC's final count for 2008 is 25 banks and 2009 is about to tie for the 3 in 2007. So Washington has not only lost Bank of Clark County but its big one as well, Washington Mutual. Well, at least the FDIC is currently insuring up to $250,000 per account through 2009.

Posted by John Kim on 01/17/2009 09:04 PM

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John Kim

Irvine, CA

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Orange County CA Loan Modification & Short Sale Processing

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