The old adage — “If it doesn’t kill you, it will make you stronger” — generally applies to biological organisms. But it could also apply to the financial system in Arizona, which has had 14 bank failures since 2009.
WASHINGTON ai??i?? Regulators have closed a small bank in Arizona, bringing the number of U.S. bank failures to 13 this year.
The Federal Deposit Insurance Corp. on Tuesday seized Central Arizona Bank, based in Scottsdale, Ariz.
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