Bad bank 2 and 3: Colorado National Bank of Colorado Springs was closed Friday night. Herring...

|By:, SA News Editor
Bad bank 2 and 3: Colorado National Bank of Colorado Springs was closed Friday night. Herring Bank of Texas will assume its deposits. Cost to FDIC, about $9M. Teambank of Paola, KS also failed. Its deposits will be taken over by Great Southern Bank, of Missouri. Teambank had over $1B in assets and deposits, and will cost FDIC about $98M.