Bank failures in 4 states bring 2012 total to 38

Published July 21, 2012 1:22am ET



WASHINGTON (AP) — Regulators closed two small banks in Georgia on Friday and one each in Florida, Kansas and Illinois, bringing to 38 the number of U.S. bank failures this year.

That’s a slower pace than in 2011; 58 banks had failed by this time last year.

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