The FDIC closed 9 banks in one day last Friday, including California National Bank of Los Angeles, which had 68 branches throughout the city. CalNational and the 8 other banks, which were also in Illinois, Arizona, and Texas, were all divisions of the Chicago-based bank holding company FBOP Corp, according to the Associated Press. 115 banks have been closed so far this year, and 140 since last November. One of the best tools we've found to track the bank closings comes from the Wall Street Journal online team. Click here to use an interactive version of the below map, on which you can see where the closing have hit, and get details about each bank.

(H/t to Barry Ritholtz for the reminder about this interactive map).
Posted
11-04-2009 2:50 PM
by
Graham Griffith