Dubious distinction?
Sure, but, hey, we're #1! Via Slog (my emphasis)...
Horizon Bank of Bellingham, the 12th-largest bank in this state, has failed, and will cost the FDIC an estimated $539 million. It's also the first U.S. bank failure of 2010.If it weren't for the honor of the thing...
Labels: Bank Failure, Banking, FDIC, Horizon Bank, Washington State
posted by Shaun at
8:49 PM
1 Comments:
Sad to see a small local bank hit the skids but they go sucked into the mortgage meltdown. Should you have your money in one of those big banks giving out mega bonuses with our money consider moveyourmoney.info.
I'm considering moving to a credit union myself as soon as I can check out their balance sheets.
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