Getting your player ready...
WASHINGTON — Regulators on Friday shut down a small bank in Florida, boosting to 17 the number of U.S. bank failures this year following the 140 closures last year in the worst financial climate in decades.
The Federal Deposit Insurance Corp. took over Marco Community Bank, with a single office on Marco Island, a wealthy barrier island near Naples on Florida’s Gulf Coast. The bank had about $119.6 million in assets and $117.1 million in deposits.
