So far it’s been fairly quiet this week, with government regulators closing one bank, making it 23 in 2011. Detail below. I’ll update with another post if others come in before I leave the office:
No. 23: Valley Community Bank, St. Charles, Ill. was shut down, then taken over by First State Bank of Mendota, Ill. Estimated cost to the FDIC: $22.8 million.