The FDIC is hitting its stride. They closed four banks tonight.
Here is the list with links to the relevant details.
- Pinnacle Bank, Beaverton, OR
- Corn Belt Bank and Trust Company, Pittsfield, IL
- Riverside Bank of the Gulf Coast, Cape Coral, FL
- Sherman County Bank, Loup City, Nebraska
Not a bad days work. Just think what they can do once they start stress testing these puppies.