New bank failures

for the week of June 22 include Georgia's

Southern Community Bank

, North Carolina's

Cooperative Bank


First National Bank of Anthony

in Kansas.

All 65 bank failures since the beginning of 2008 are detailed on's

interactive bank failure map:

All three failed banks were included in's

recent list of 89

undercapitalized banks and thrifts


United Community Bank

of Blairsville, Ga., a subsidiary of

United Community Bank

(UCBI) - Get United Community Banks, Inc. Report

, bought all Southern Community deposits and branches from the Federal Deposit Insurance Corp.

First Bank

of Troy, N.C., held by

First Bancorp

(FBNC) - Get First Bancorp Report

, bought all Cooperative's retail deposits and branches from the FDIC. Cooperative is a subsidiary of

Cooperative Bancshares

(COOP) - Get Mr. Cooper Group, Inc. Report


Bank of Kansas

, of South Hutchinson, Kan.,

Southwest Bancorp


TheStreet Recommends

purchased all of First National Bank of Anthony's deposits.


leads all states with 12 bank or thrift failures during 2008 and 2009, followed by


with nine failures, Illinois with seven,


with five and Nevada with four.

Large bank holding companies that have acquired failed institutions during 2008 and 2009 include

JPMorgan Chase

(JPM) - Get JPMorgan Chase & Co. (JPM) Report

, which acquired

Washington Mutual

, the largest bank or thrift ever to fail in the U.S.,

SunTrust Banks

(STI) - Get SunTrust Banks, Inc. Report


Regions Financial

(RF) - Get Regions Financial Corporation Report


Zions Bancorp

(ZION) - Get Zions Bancorporation (ZION) Report


Fifth Third Bancorp

(FITB) - Get Fifth Third Bancorp Report


US Bancorp

(USB) - Get U.S. Bancorp Report



(BBT) - Get BB&T Corporation Report

. Ratings, recently cited for Best Stock Selection from October 2007 through February 2009, is an independent research provider that combines fundamental and technical analysis to offer investors tremendous value in volatile times. It provides independent and very conservative financial strength ratings on each of the nation's 8,500 banks and savings and loans, which are available at no charge on the Banks & Thrifts Screener. To see how your portfolio can use this and other research, click here now!


Philip W. van Doorn joined Ratings., Inc., in February 2007. He is the senior analyst responsible for assigning financial strength ratings to banks and savings and loan institutions. He also comments on industry and regulatory trends. Mr. van Doorn has fifteen years experience, having served as a loan operations officer at Riverside National Bank in Fort Pierce, Florida, and as a credit analyst at the Federal Home Loan Bank of New York, where he monitored banks in New York, New Jersey and Puerto Rico. Mr. van Doorn has additional experience in the mutual fund and computer software industries. He holds a Bachelor of Science in business administration from Long Island University.