U.S. Federal Regulators closed six failing U.S. banks on Friday, bringing the year’s total so far to 34.
The banks closed today were:
- Bartow County Bank of Cartersville, GA
- New Horizons Bank of East Ellijay, GA
- Nexity Bank of Birmingham, AL
- Superior Bank of Birmingham, AL
- Rosemount National Bank of Rosemount, MN
- Heritage Banking Group of Carthage, MS
These six closures on Friday will cost the FDIC’s deposit-insurance fund a combined $588.1 million.