--- On Mon, 1/11/10, CHPStar <[email protected]> wrote: From: CHPStar <[email protected]> Subject: Horizon Bank is the first to fail in 2010 To: [email protected] Date: Monday, January 11, 2010, 9:28 AM
NEW YORK (CNNMoney.com) -- The first bank to fail in 2010 is Horizon Bank, based in Bellingham, Washington.State regulators seized the bank's 18 branches on Friday. But Horizon customers are protected. The Federal Deposit Insurance Corporation, which has insured bank deposits since the Great Depression, currently covers accounts up to $250,000. http://ap2i.blogspot.com/
