Three banks were shut down by government regulators on Friday afternoon and then taken over by other banks. The banks shut down were BankMeridian in Columbus, S.C., Virginia Business Bank in Richmond and Integra Bank in Evansville, Ind. The estimated cost to the FDIC on those three closures is $253.4 million. That makes 61 bank closures so far in 2011. I’ll update with a new post if there are other closures before I leave the office.
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