Bank Name |
City |
State |
CERT # |
Acquiring Institution |
Closing Date |
Updated Date |
|---|---|---|---|---|---|---|
| Global Commerce Bank | Doraville | GA | 34046 | Metro City Bank | March 2, 2012 | March 2, 2012 |
| Home Savings of America | Little Falls | MN | 29178 | No Acquirer | February 24, 2012 | February 24, 2012 |
| Central Bank of Georgia | Ellaville | GA | 5687 | Ameris Bank | February 24, 2012 | February 24, 2012 |
The not-for-profit research group measures inflation without looking at the big, one-time purchases that can skew the numbers. That means they don’t look at the price of houses, furniture, appliances, cars, or computers. Instead, AIER focuses on Americans’ typical daily purchases, such as food, gasoline, child care, prescription drugs, phone and television service, and other household products.
“Oil tankers that had come to transfer 500,000 barrels of Iranian oil to a refinery in Greece had to go back empty-handed after Iran refused to give the shipment,” the news agency reported.
A new phenomenon is underpinning corn prices: prosperous farmers.
Having benefited from high prices last year, farmers are becoming more choosy about when they sell their corn. Right now, some are opting to stockpile some of their harvest, rather than sell it, a decision analysts say is helping keep corn prices relatively high.
Farmers now hold about 64% of the nation’s corn in storage, up from 62.7% a little over a year ago and the highest in two years, according to the latest quarterly government survey.
“The city is in an immediate and severe fiscal crisis and it is or likely will become unable to meet its financial obligations,” City Manager Bob Deis wrote in a memo to council members. “Absent some negotiated adjustments to the city’s financial obligations, the city will be insolvent and will have no alternative than to seek bankruptcy protection.”
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