U.S. closes Home Federal Savings in Detroit - FTA

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U.S. closes Home Federal Savings in Detroit

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11-06-2009, 09:20 PM

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U.S. closes Home Federal Savings in Detroit

WASHINGTON (Reuters) - Bank regulators closed Home Federal Savings Bank, of Detroit, on Friday, the 117th U.S. bank to fail this year as deteriorating loans continue to take their toll on financial institutions.

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