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[Homestead] Small Georgia bank fails

From: "Don Bowen" <don.bowen AT earthlink.net>
To: <homestead AT lists.ibiblio.org>
Subject: [Homestead] Small Georgia bank fails
Date: Fri, 24 Oct 2008 17:44:21 -0400

Alpha Bank & Trust of Alpharetta, GA fails and is taken over by the FDIC and
is acquired by Stearns Bank.

http://www.fdic.gov/news/news/press/2008/pr08106.html

It is Friday and the FDIC moves in at close of business on Friday of any
bank that fails. Small banks are not immune.

The FDIC is renting a significant chunk of office space in Orange Country,
California in anticipation of increased staffing needs.

Don Bowen KI6DIU

http://www.braingarage.com/Dons/Travels/journal/Journal.html

[Homestead] Small Georgia bank fails, Don Bowen, 10/24/2008
- Re: [Homestead] Small Georgia bank fails, bob ford, 10/24/2008