Federal regulators have shut down Detroit-based Home Federal Savings Bank. The Federal Deposit Insurance Corporation has taken over the bank, with $14.9 million in assets and $12.8 million in deposits. A New Orleans bank, Liberty Bank and Trust Company, is buying the assets and deposits of Home Federal Savings. Regulators also closed a small bank in Georgia Friday.
Copyright 2009 Associated Press and WWJ. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Cervical Cancer
There are new guidelines for women on cervical cancer screening. Today's 'What's in the News' with CBS News Correspondent Nick Young...
WWJ Newsradio 950 is Detroit's only all-news radio station and is the leader in Detroit radio news. Listen online to WWJ-AM 950 for live, local Detroit news, up-to-the-minute Detroit traffic, Detroit sports, Detroit business and Detroit community information. WWJ Newsradio 950 is an award winning radio station and you can listen online and podcast on demand Detroit news, Detroit Construction Alerts, Detroit School Closings, Winter Survival Guide and learn more about our Business Breakfasts. www.wwj.com.