Regulators in the U.S. shuttered two banks and one savings and loan Friday, bringing the tally of failed institutions in 2009 to six.
The Federal Deposit Insurance Corporation was named receiver all three companies.
The Utah Department of Financial Institutions shut down Magnet Bank of Salt Lake City. Unable to find a buyer for the bank's deposits, the FDIC is liquidating the bank and will mail checks to retail depositors on Monday morning.
Meanwhile, the Office of the Comptroller of the Currency closed Ocala National Bank of Ocala, Fla., and the FDIC arranged for all deposits to be assumed by CenterState Banks of Florida (CSFL - Get Report)), based in Winter Haven, Fla.And the Office of Thrift Supervision shuttered Suburban Federal Savings Bank of Crofton, Md., with the Bank of Essex of Tappahannock, Va. assuming all deposits.