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Ill.-based bank is 110th U.S. failure of the year - Palos Heights, Ill.-based Palos Bank and Trust Company was closed by regulators Friday, marking the 110th U.S. bank failure of 2010. Palos Bank and Trust Company had $493.4 million in assets and $467.8 million in deposits as of June 30, the Federal Deposit Insurance Corp. said in a statement. The bank's failure will cost the deposit-insurance fund $72 million, the FDIC said
From Nony


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