Three Small US Banks Collapse Over Past Month
PYMNTS
NOVEMBER 18, 2019
recorded its fourth bank failure this year — the first collapse of financial institutions since 2017, according to data from the Federal Deposit Insurance Corp ( FDIC ). The most recent failure was on Nov. 1 when City National Bank of New Jersey closed its three branches with assets of about $120.6 It had one branch with $27.1
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