SIX more Banks FAILED on Friday.

[Neubarth]

Mainstreet Savings Bank, FSB...... Hastings... MI 28136
Olde Cypress Community Bank..... Clewiston... FL 28864
Turnberry Bank .......................... Aventura... FL 32280
Metro Bank of Dade County.......... Miami... FL 25172
First National Bank of the South.... Spartanburg... SC 35383
Woodlands Bank......................... Bluffton SC 32571


This Depression just keeps getting worse and worse.

 

[topspin]

Get a whambulance. This is nothing. Bad bankers fail.

 

[xotoxi]

Mainstreet Savings Bank, FSB...... Hastings... MI 28136
Olde Cypress Community Bank..... Clewiston... FL 28864
Turnberry Bank .......................... Aventura... FL 32280
Metro Bank of Dade County.......... Miami... FL 25172
First National Bank of the South.... Spartanburg... SC 35383
Woodlands Bank......................... Bluffton SC 32571


This Depression just keeps getting worse and worse.

I wasn't planning on banking at any of those banks...so I'm all set.

Thanks.

 

[Mr. H.]

Are those zip codes or net woth?

 

[Neubarth]

Are those zip codes or net woth?

As you know, ZIPs. Florida has been really hard hit. It is all collapsing. It is just doing it slowly as I have been telling people for years.

 

[Caroljo]

The one in Hastings was MY bank!!! And the zip code isn't what they're showing here, but doesn't matter. I'm told we don't have to worry about it unless we had over 250,000 in the bank...so i'm not too worried - we have nowhere close to that! But it was a shock, we had no idea it was having problems.