Bank Failures, Meltdown, Spillover

Regulators close down Ameribank

Ameribank Inc. was shut down on Friday by the Office of the Thrift Supervision, making it the 12th bank this year to go under.

The Northfork, West Virginia bank had total assets of $115 million and total deposits of $102 million, according to a statement on the Federal Deposit Insurance Corporation Web site.

Siège #12, originally uploaded by fusaka.

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