Bank Collapse Watch: Main Street & Meridian

Two small banks fail; brings year’s tally to 15

The Federal Deposit Insurance Corp. said it had seized Main Street Bank of Northville, Michigan, and Meridian Bank of Eldred, Illinois.

And, yep, they were on the list I referenced months ago.


Click = big

See, this is how the FDIC does it. They don’t announce until Fridays — and then only after the domestic markets have closed.

Explore posts in the same categories: Bank Collapse Watch, C.O.A.T. - Belief, C.O.A.T. - Money, C.O.A.T. - Scams, C.O.A.T. - Self-Defense, Depression 2.0

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