Monday, March 1, 2010

FDIC closes bank in Nevada for year's 21st closure

NEW YORK — Regulators have shut down Carson River Community Bank in Nevada, marking the 21st failure this year of a federally insured bank.

The Federal Deposit Insurance Corp. has been appointed receiver of the bank, based in Carson City, Nev. It had $51.1 million in assets and $50 million in deposits as of Dec. 31.

The FDIC said Friday that the bank's deposits will be assumed by Heritage Bank of Nevada, based in Reno, Nev. Carson River's lone branch will reopen Monday as offices of Heritage Bank.

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