2 more banks closed by federal regulators
Published 5:00 am Saturday, April 11, 2009
Federal regulators shut down two more banks Friday, raising the number of bank failures this year to 23.
The first bank was Cape Fear Bank in Wilmington, N.C., the first North Carolina bank to fail in nearly 16 years. The other bank was New Frontier Bank of Greeley, Colo., the second Colorado bank this year to collapse.