Heartland Tri-State Bank Failure

Another Bank Failure, The 5th One Of 2023

The Heartland Tri-State Bank of Kansas failed on Friday marking the 5th bank failure this year. Four of those banks closed by the FDIC and the one shut down on it’s own. This won’t be the last bank to fail. The FDIC and Dream First Bank of Syracuse are working together to insure all deposits with Dream First Bank buying out essentially all of Heartland’s assets.

SOURCE: https://www.cnn.com/2023/07/28/business/heartland-tristate-bank-failure/index.html

SOURCE: https://finance.yahoo.com/news/banking-turmoil-arrives-in-small-town-usa-with-heartland-tri-state-failure-191454443.html

SOURCE: https://www.washingtonpost.com/business/2023/07/10/bank-capital-svb/

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