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Monday, August 01, 2011

3 More Banks Shut Down; That Makes 61 So Far This Year

Movie rental chains, book stores and newspapers aren't the only businesses that are dying off. The Federal Deposit Insurance Corp. (FDIC) announced three banks have been shut down, making 61 closures so far this year. Bank closures are still far behind the pace of 2010, when 157 banks were shuttered.

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