Two additional banks were closed by U.S. federal regulators today, bringing the total number of U.S. bank failures in 2011 to 28. National Bank and Trust of Western Springs, IL, which had $181.9 million in deposits, was closed, the Federal Deposit Insurance Corp. (FDIC) said. Nevada Commerce Bank of Las Vegas, NV, which had $136.4 million in deposits, was also closed.
The combined bank failures will cost the federal deposit-insurance fund $62.9 million.