It’s Bank Failure Friday again

Riverside Bank of the Gulf Coast of Cape Coral, FL and Sherman County Bank in Loup City, NE went kersplat today and were seized by the FDIC.

Update: Two more just got added to the list, Pinnacle Bank of Beaverton, OR. and Corn Belt Bank and Trust Company, Pittsfield, IL. This makes a total of  four today which  I believe, is a new record (not that it will hold for long, I’m afeared…)

24 banks failed in all of 2008. 13 have failed so far this year.

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