Bank closure No. 116

November 6th, 2009 3 PM PST by Dave Gallagher - The Bellingham Herald

Time for the weekly bank closures, with the first of the day being in Georgia. Details below. I’ll update with new posts if there are other bank failures today.

United Security Bank of Sparta Ga. was closed, then taken over by Ameris Bank of Moultrie, Ga. Estimated cost to the FDIC: $58 million.

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