Tag: Integrity Bank

While you were celebrating Obama and deriding Palin on Friday another another Bank Failed!

Original article titled Integrity Bank Becomes 10th U.S. Failure This Year , by Alison Vekshin and Ari Levy, via bloomberg.com:

Aug. 29 (Bloomberg) — Integrity Bank of Alpharetta, Georgia, was closed by U.S. regulators today, the 10th bank to collapse this year amid a surge in soured real-estate loans stemming from the worst housing slump since the Great Depression.