Bank Failure Friday Report

For 2009, banks number 30, 31 and 32 that were not amongst the elite "too big to fail" crowd were declared insolvent and closed on May 1. The anti-greenshoots were:

Bank Name	CERT #	Closing Date	Updated Date
America West Bank, Layton, UT	35461	May 1, 2009	May 1, 2009
Citizens Community Bank, Ridgewood, NJ	57563	May 1, 2009	May 1, 2009
Silverton Bank, N.A., Atlanta, GA	26535	May 1, 2009	May 1, 2009

Link to data

The list on the FDIC site shows banks failures back to October 1, 2000. Amazing the number of failures 2008 and 2009. You'd think we were in the middle of financial turmoil or something.