It's Friday so you know what that means...

RubyDuby in GA

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Fri Dec-18-09 09:33 PM
Original message

It's Friday so you know what that means...

Yep, another bank in Georgia failed.

RockBridge Commercial Bank closed by regulators
By Péralte C. Paul

The Atlanta Journal-Constitution

State regulators shut down RockBridge Commercial Bank Friday, three years after it was founded with a record amount of capital for a start-up bank in Georgia.

RockBridge becomes the 25th lending institution in the state to close its doors in the wake of the financial crisis.

But unlike many other shuttered banks, RockBridge is not being acquired. The Federal Deposit Insurance Corporation, which was appointed receiver and tried to find another institution to take over RockBridge's operations, could not.

http://www.ajc.com/business/rockbridge-commercial-bank-closed-246571.html

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Kaleva

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Fri Dec-18-09 09:46 PM
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1. Fish Fry?

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ixion

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Fri Dec-18-09 09:53 PM
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2. yep... it's another Bank Failure Friday

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x4191179

7 Today, bringing the total to 140 for the year.

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Fri Apr 26th 2024, 01:44 AM
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