To the FDIC <!--paging_filter--> Norm Skalicky, the 76-year-old CEO of Minnesota's Stearns Bank, wouldn't impress Wall Street. His bank has $1.6 billion in assets, a rounding error to behemoths like Citigroup. (C) and Bank of America. (BAC) Despite a lifetime in th 03-23-2010 by chrisscott Tags beautiful, fdic, small
When Georgia Banks Fail When the real estate market plummeted, banks all over Georgia began failing. In the Atlanta area alone, nearly half of the banks are under federal or state regulatory orders to raise more capital. As a result, many aren't making new loans to small 03-03-2010 by chrisscott Tags banks, fail, georgia, small, suffer, when
For small businesses The small business credit market is about to take another major hit. Six weeks after Advanta abruptly froze all of its 1 million credit-card accounts, lending giant CIT Group hangs in limbo and is reportedly eyeing bankruptcy. 07-28-2009 by andyburnett Tags businesses, failed, small