The first two bank failures of 2011 has been announced. On Friday Jan 7, 2011 seized the assents of Legacy Bank of Scottsdale, Arizona. Both branches of Legacy Bank will reopen Monday morning (Jan 10) as branches of Enterprise Bank & Trust of St. Louis, Missouri.
The other ban seizure was in Orlando, FL where the First Commercial Bank of Florida was closed. The former First Commercial Bank of Florida locations will reopen as branches of First Southern Bank, of Boca Raton, FL during regular business hours.
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