US regulators shut down 33rd bank this year

Regulators on Friday shut six banks in Georgia and a small bank in New York state, raising to 64 the number of federally insured banks to fail this year.

Regulators shut down the tiny Waterford Village Bank in Clarence, N.Y., marking the 58th bank to collapse this year and the first to fail in New York since 2004.

U.S. regulators shut down Park Avenue Bank in New York Friday, marking the 28th failure this year of a federally insured bank.

U.S. regulators shut down Park Avenue Bank in New York Friday, marking the 28th failure this year of a federally insured bank.

AP - Regulators shut down Park Avenue Bank in New York Friday, marking the 28th failure this year of a federally insured bank.

Regulators on Friday shut down 1st Centennial Bank in California, the third U.S. bank to fail this year. California regulators closed the Redlands-based bank and appointed the Federal Deposit Insurance Corp. as receiver. 1st Centennial had assets of $803.3 million and deposits of $676.9 million as of Jan. 9.

Regulators have shut down 1st Centennial Bank in California, the third U.S. bank to fail this year. California regulators closed the Redlands-based bank on Friday and appointed the Federal Deposit Insurance Corp. as receiver. 1st Centennial had assets of $803.3 million and deposits of $676.9 million as of Jan. 9.

Regulators have shut down LibertyPointe Bank in New York City, boosting to 27 the number of bank failures in the U.S. so far this year following the 140 brought down in 2009 by mounting loan defaults and the recession.