Another week, more bank closers. The FDIC and state authorities shuttered four more banks.
Those closed along with details of the FDIC costs and sales of assets: 1st Pacific Bank of California, San Diego, CA, Towne Bank of Arizona, Mesa, AZ ,Access Bank, Champlin, MN and The Bank of Bonifay, Bonifay, FL
The cost to the FDIC was modest: $213.7 million
Douglas A. McIntyre
