U.S. regulators close three banks
WASHINGTON |
WASHINGTON (Reuters) - Bank regulators closed three banks late on Friday -- Community Bank of Arizona, Community Bank of Nevada, and Union Bank, N.A. -- as the struggling economy and falling home prices continued to take their toll on financial institutions.
The latest closings brought the number of bank failures this year to 77, the FDIC said.
(Reporting by Tabassum Zakaria; Editing by Gary Hill)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
Follow Reuters