Interactive Map of Bank, Credit Union Failures Now Available Interactive Map of Bank, Credit Union Failures Now Available Feature Creates One-Stop Shop for News About Closings

Princeton, NJ - July 28, 2009 - Information Security Media Group, Corp. - Information Security Media Group (ISMG), publisher of BankInfoSecurity.com, CUInfosecurity.com and GovInfoSecurity.com, has just published a new, interactive map of U.S. bank and credit union failures in 2009.

This new map, used to illustrate the news story Bank Failures by the Numbers -- A Look at Where and Why Institutions Are Failing in 2009, compiles comprehensive information about:

  • The number and location of failed banks and credit unions;
  • Names of acquiring institutions (where appropriate);
  • Total cost to FDIC insurance fund (where appropriate).

From this map, viewers can see exactly which states and regions host the institutions that have been hit hardest by the effects of the recession.

"Before if you wanted to do this analysis, you had to draw from several different sources, then reach your conclusions," says Tom Field, Editorial Director of BankInfoSecurity.com. "With this new, interactive map, viewers now have a one-stop shop for up-to-date information on bank and credit union closures."

This map will be updated regularly to reflect the latest failures, as announced by federal regulators.

For more information on Bank Failures by the Numbers, please contact Tom Field, Editorial Director, at tfield@bankinfosecurity.com.

About ISMG: Based in Princeton, N.J., Information Security Media Group publishes BankInfoSecurity.com, CUInfoSecurity.com and GovInfoSecurity.com, which are your one-stop portals for the latest news, insights and education on the top information security issues facing U.S. financial institutions and government agencies today. Through articles, webinars, podcasts, blogs and news alerts from federal regulatory agencies such as the FDIC, GAO, NCUA, NIST, OCC, FRB and OTS, our team is committed to providing up-to-date information on the security regulations, threats, solutions, training and career trends that most impact banks, credit unions, government agencies and other related enterprises. Leading companies supporting and benefiting from these initiatives include CA, Fortify, RSA Security, Secure Computing, Symantec and VeriSign.



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