Not only is it hotels, but Friday the FDIC closed down five banks. One was liquidated. Two were in California, two in Georgia, and one in New Mexico”
Absolutely NOTHING on the news here in Reno.
That puts the number of shut-down banks well over the 35 mark, I think.
Can you ID the names of the banks you are referring to? Thanks.
Okay, the banks are:
Mirae of Los Angeles
Metro Pacific of Irvine
Horizon of Pine City, Minnesota
Neighborhood Community of Newnan, GA
Community Bank of West Georgia, Villa Rica, GA
The bank in Villa Rica was liquidated, and the one that I thought was in New Mexico was in Minnesota. Has something been going on in Reno?