Atlanta's Omni National Bank becomes 21st failure of 2009

This week's bank closure Friday features only one bank this week. Remember, stay within FDIC limits, now $250,000 in most cases.-Lou

Atlanta's Omni National Bank becomes 21st failure of 2009

SAN FRANCISCO (MarketWatch) -- Omni National Bank of Atlanta became the 21st bank to fail in 2009, after the Federal Deposit Insurance Corporation said regulators closed the bank. SunTrust Bank of Atlanta will operate the six former branches of Omni National until April 27. Omni had assets of $956 million and total deposits of $796.8 million as of March 9. The failure marks the 46th bank to fail since the recession began.