12th bank failure of the year announced

Regulators close down Ameribank Inc., a West Virginia-based-bank with total assets of $115 million.NEW YORK (CNNMoney.com) — Ameribank Inc. was shut down on Friday by the Office of the Thrift Supervision, making it the 12th bank this year to go under.The Northfork, West Virginia bank had total assets of $115 million and total deposits of [...] continue reading the breaking news