Regulators shut down South Carolina bank; makes 42 US bank failures this year
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Regulators shut down South Carolina bank; makes 42 US bank failures this year

Thomasville : NC : USA | Apr 09, 2010 at 2:35 PM PDT
Source: Star Tribune
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Regulators have shut down a bank in South Carolina, marking 42 bank failures in the U.S. so far this year amid mounting loan defaults, especially in commercial real estate. The Federal Deposit Insurance Corp. on Friday took over Beach First National Bank, based in Myrtle Beach, S.C., with $585.1 million... FULL ARTICLE AT Star Tribune
 
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