Friday, August 06, 2010

Feds close Chicago bank

Whew! Since ShoreBank has been in the news because it failed to get a federal bailout, I almost thought the feds decided to close them down today. Instead that distinction goes to Ravenswood Bank which will reopen as branches of Northbrook Bank and Trust. Ravenswood Bank is the 13th bank to fail in this state and the 109th to fail in the nation this year according to Breaking News!

No comments:

Post a Comment

Comments are now moderated because one random commenter chose to get comment happy. What doesn't get published is up to my discretion. Of course moderating policy is subject to change. Thanks!