Wow, can the economy get any worse? I saw a headline on Yahoo today that two more banks have failed and been taken over by the FDIC. The banks in question are National Bank of Nevada and First Heritage Bank.
Just like with Netbank, their offices were closed and taken over on Friday. The banks will re-open on Monday. But they will open as Mutual of Omaha Bank branches. Kind of scary stuff that makes you want to have your money under your mattress, eh?