FDIC reports third quarter a difficult one for banks
Tuesday, November 24, 2009
ProPublica: The number of banks and other financial institutions on the FDIC‘s “problem list” is the highest it’s been since 1993. The Quarterly Banking Profile for the third quarter 2009 says the number of troubled insured institutions rose from 416 to 552 during the quarter, while 50 institutions failed during the three-month period. (Details are on page 3 of the report.) ProPublica includes links to lists of failed and troubled banks in its report.