Regulators also closed
Combined, the closed banks had
The pace of bank closures has slowed sharply after ballooning following the financial crisis in 2008. By this time last year, 34 banks had failed.
In 2010, regulators seized 157 banks, the most in any year since the savings and loan crisis more than two decades ago. The 2010 failures cost the fund around
From 2008 through 2010, bank failures cost the fund an estimated
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