Bank Collapse Watch: Main Street & Meridian
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.
See, this is how the FDIC does it. They don’t announce until Fridays — and then only after the domestic markets have closed.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