Irwin Union Bank Shut Down by FDIC – Bank Failure 94 in 2009

Irwin Union Bank, F.S.B along with Irwin Union and Bank Trust Company were shut down by the FDIC on Friday, September 18th, 2009. These two bank failures bring the total number of FDIC closures to 94. The FDIC estimates the hit will be about $850 million for both financial institutions. From the FDIC website: “Federal [...]