Regulators shut three banks on Friday, bringing the total failures in 2011 to 58 so far, well...

|By:, SA News Editor

Regulators shut three banks on Friday, bringing the total failures in 2011 to 58 so far, well behind last year's pace. Two banks were closed in Florida and one in Colorado, with the combined cost to the FDIC's insurance fund expected to be $331.4M.