Congress gives final approval to a resolution sponsored by Rep. Lynn Westmoreland and Sen. Saxby Chambliss that calls for a study of the nation’s massive wave of bank failures . . .
Community Bank in Rockmart is shut down by federal and state regulators as Georgia’s wave of bank failures rolls on . . .
The number of Georgia’s bank failures during the current downturn hits 73 with the closing of three more institutions by regulators . . .
Georgia’s bank failures now total 70 with the shutdown on Friday of two banks in the northern suburbs of Metro Atlanta . . .
Banks in Stockbridge and Atlanta were shut down last week, bringing the state’s total of bank failures since the recession hit in 2008 to 67 . . .
Federal and state regulators have now shuttered 13 banks in Georgia this year, the highest total of any state . . .
Rep. Greg Morris, chairman of the House Banks Committee, agrees to pay a $5,000 civil fine to settle allegations he violated federal rules at a South Georgia bank where he is a director . . .
Nearly 30 percent of the bank failures in the U.S. this year have been Georgia institutions; the FDIC shut down two more of them on Friday . . .
