
BALTIMORE, July 10 (UPI) -- Regulators say they closed down four banks in three states Friday, bringing the total number of failed banks taken over in the United States this year to 90.
The small banks, which totaled $560.7 million in deposits and $664.5 million in assets, included two in Maryland and one each in New York and Oklahoma.
In Maryland, the two branches of Bay National Bank were sold to Bay Bank. A buyer was not found for Ideal Federal Savings Bank, which had $5.8 million in deposits. The Wall Street Journal said the Federal Deposit Insurance Corporation approved a $2.1 million insurance payout.
USA Bank in Port Chester, N.Y., was taken over by New Century Bank of Pennsylvania at a cost to the FDIC fund of about $17.4 million.
All 15 branches of Home National in Oklahoma were purchased by RBC Bank. The Journal said the takeover cost the FDIC $61.7 million.
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VIENNA, Feb. 10 (UPI) --
Oil prices were expected to trend higher as an improved U.S. economy and geopolitical risk in the Middle East weigh on markets, OPEC said.
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ISLAMABAD, Pakistan, Feb. 10 (UPI) --
The last three of 18 new and upgraded F-16 fighter jets from the United States arrived in Pakistan, a report by the Indo-Asian News Service said.
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