Reuters October 3, 2009 - 12:00 a.m. EST
(Reuters) - Bank regulators closed Warren Bank in Michigan on Friday, the 96th U.S. bank to fail this year as deteriorating loans continued to take their toll on financial institutions.
The Federal Deposit Insurance Corp said Warren had $538 million in total assets and $501 million in total deposits as of July 31, 2009, the latest data available.
The Huntington National Bank in Ohio agreed to assume all deposits of Warren, whose six branches will reopen on Saturday as branches of Huntington. (Reporting by Jeremy Pelofsky)
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