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RubyDuby in GA Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-18-09 08:33 PM
Original message
It's Friday so you know what that means...
Yep, another bank in Georgia failed.


RockBridge Commercial Bank closed by regulators
By Pralte C. Paul


The Atlanta Journal-Constitution

State regulators shut down RockBridge Commercial Bank Friday, three years after it was founded with a record amount of capital for a start-up bank in Georgia.

RockBridge becomes the 25th lending institution in the state to close its doors in the wake of the financial crisis.

But unlike many other shuttered banks, RockBridge is not being acquired. The Federal Deposit Insurance Corporation, which was appointed receiver and tried to find another institution to take over RockBridge's operations, could not.


http://www.ajc.com/business/rockbridge-commercial-bank-...




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Kaleva Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-18-09 08:46 PM
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1. Fish Fry?
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-18-09 08:53 PM
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2. yep... it's another Bank Failure Friday
http://www.democraticunderground.com/discuss/duboard.ph...

7 Today, bringing the total to 140 for the year.
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