Friday Failures

Though spanning the continent, the FDIC took down only three victims this week.

Here are the links:

Community First Bank, Prineville, Oregon

National Bank of Sarasota County, Venice, Florida

First State Bank, Sarasota, Florida

The deposits and branches of the two Florida banks were picked up by Stearns Bank, St. Cloud, Minnesota. It’s always convenient to have banking operations in warm weather locales when you live in Minnesota.

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