Three Banks Fail; 2012 Tally Hits 31
The four branches of The Farmers Bank of Lynchburg -- including one branch operating as First State Bank of Chapel Hill, Tenn., and two branches operating as Oakland Deposit Bank, of Oakland, Tenn. -- were scheduled to reopen during normal business hours, beginning Saturday, as branches of Clayton Bank and Trust.
Thorough Bank Failure Coverage
All previous bank and thrift closures since the beginning of 2008 are detailed in TheStreet's interactive bank failure map:
The bank failure map is color-coded, with the states having the greatest number of failures highlighted in dark gray, and states with no failures in light green. By moving your mouse over a state you can see its combined 2008-2011 totals. Then click the state to open a detailed map pinpointing the locations and providing additional information for each bank failure.
-- Written by Philip van Doorn in Jupiter, Fla.