That brings the total to 62 on the year. Here are the details:
No. 61: CF Bancorp of Port Huron, Mich. was shut down, then taken over by First Michigan Bank. CF had 22 branches. Estimated cost to the FDIC: $615.3 million.
No. 62: Champion Bank of Creve Coeur, Mo., was shut down, then taken over by BankLiberty of Liberty, Mo. Champion had one branch. Estimated cost to the FDIC: $52.7 million.
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