7 bank failures so far this year

In 2007, the FDIC closed 3 failed banks. None in 2006 and 2005. 4 in 2004, 3 in 2003, 12 in 2002, 4 in 2001. So far this century, 2008 is on track to be the second worst year for bank failures.

FDIC: Failed Bank List
2007 Bank closures:
Bank Name, City, State, Closing Date
First Heritage Bank, NA, Newport Beach, CA July 25, 2008
First National Bank of Nevada, Reno, NV July 25, 2008
IndyMac Bank, Pasadena, CA July 11, 2008
First Integrity Bank, NA, Staples, MN May 30, 2008
ANB Financial, NA, Bentonville, AR May 9, 2008
Hume Bank, Hume, MO March 7, 2008
Douglass National Bank, Kansas City, MO January 25, 2008

http://www.fdic.gov/bank/individual/failed/ Includes links to Is My Account Fully Insured? and When a Bank Fails - Facts for Depositors, Creditors, and Borrowers.