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Saturday, August 9, 2008

USA Bank: The next one to close?

USA Bank Reports Operating Results for the Quarter Ended June 30, 2008
Saturday August 9, 11:34 am ET

PORT CHESTER, NY--(MARKET WIRE)--Aug 9, 2008 -- USA Bank (OTC BB:USBK.OB - News) reported a net loss of $383 thousand ($0.07 per share) for the quarter ended June 30, 2008, which is a marked improvement compared to the net loss of $481 thousand ($0.08 per share) for the quarter ended June 30, 2007. This marks the third successive quarter of reduced losses by the Bank. For the six months ended June 30, 2008, the Bank's net loss was $1,129,000 ($0.20 per share) as compared to a net loss of $1,995,000 ($0.35 per share) for the six months ended June 30, 2007.

Complete, orginal story here:
http://biz.yahoo.com/iw/080809/0423542.html

Stay tuned.

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