Small Minnesota bank fails, ups year tally to 73 – US credit crisis
Finance Saturday, May 22nd, 2010
WASHINGTON, May 21 (Reuters) – A one-branch bank in St. Paul, Minnesota, on Friday became the 73rd U.S. bank to fail so far this year. Pinehurst Bank, which had about $61 million in assets and 18 employees, advertised itself as having “genuine neighborhood banking.” It is just one of hundreds of small banks that are [...]