Last year there were more bank closures than there were in 2009, which was a horrible year. The last time I talked about bank closures, which was around the middle of February, there were 18 closures, and by the end of the month there were 23 for the first two months of the year. Since […]

Is the economy starting to stabilize? Some statistics say yes, some are questionable. I figure one quick way to take a quick pulse reading is to look at bank closures so far in 2011. To date, we’re sitting at 18 banks that have been closed. Last year at this time we had only 16 banks […]

The bad news is that we’re now sitting at 149 banks that have been closed in 2010. That exceeds the 140 banks that were closed last year with five weeks still go to. The good news is twofold. One, no banks closed this week, though this is Thanksgiving week. Two, analysts really believe that the […]