NEW YORK CITY-We reported Wednesday morning that after five years of a “Negative” rating, the US banking system has been upgraded to “Stable” by Moody's Investors Service. (Go to Page 2 for the original story.)
But “Stable” is not robust, and according to the FDIC, 13 banks did close so far in 2013. The list of 2013 closing appears below. For more information and the complete list of closing prior to 2013, click here.
Central Arizona Bank (Scottsdale) closed May 14 and was acquired by Western State Bank
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
