Saturday, February 21, 2009

Silver Falls Bank Closed

Yesterday the FDIC and the Oregon Department of Consumer and Business Services closed Silver Falls Bank located in Silverton, Oregon. The bank's three branches will reopen Monday as new branches of Citizens Bank of Corvallis, Oregon. Silver Falls Bank was number 8 on my list of the 50 Banks Most Likely to Close in 2009. It marks the 14th bank closed this year.

Correction: I shouldn't have added First Piedmont Bank of Winder, Georgia as number 52 to my list because I already had it listed as number 43.

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