FDIC Total Bank Closings Hit 48–Details Of The Eight Latest

The FDIC announced the details of eight more bank closings, bringing the 2010 total to forty-eight. The current pace would put total bank failures to nearly 200 this year.

Those shuttered include City Bank, Lynnwood, WA, Tamalpais Bank, San Rafael, CA, Innovative Bank, Oakland, CA, Butler Bank, Lowell, MA, Riverside National Bank of Florida, Fort Pierce, FL, AmericanFirst Bank, Clermont, FL,First Federal Bank of North Florida, Palatka, FL. Lakeside Community Bank, Sterling MI.