Friday Market Update...And Another Failed Bank...10 So Far This Year

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Integrity Bank of Alpharetta, Ga., on Friday became the 10th U.S. bank to fail so far this year.

Regions Bank of Birmingham, Ala., is assuming all of Integrity Bank's $974 million in insured and uninsured deposits, and about $34.4 million of the bank's $1.1 billion in assets.

Posted on Friday, August 29 by

Wise Owl in Friday Update On Markets | Comments Off