Bad night for banks: Three banks and two credit unions bit the dust Friday night. 1) FirstCity...

|By:, SA News Editor
Bad night for banks: Three banks and two credit unions bit the dust Friday night. 1) FirstCity Bank of Georgia was closed without another bank to take over. FDIC will reimburse insured depositors. The bank had $297M in assets and $278M in deposits. Cost to FDIC estimated at $100M.