List of banks acquired or bankrupted in the United States during the 2007–2008 financial crisis

From Wikipedia, the free encyclopedia

This is a list of banks in the United States affected by the 2007–2008 financial crisis. The list includes banks (including commercial banks, investment banks, and savings and loan associations) that have:

  • been taken over or merged with another financial institution,
  • been declared insolvent or liquidated, or
  • filed for bankruptcy.

The Federal Deposit Insurance Corporation (FDIC) closed 465 failed banks from 2008 to 2012.[1]

Banks[edit]

The Federal Deposit Insurance Corporation (FDIC) may assume deposits of banks or allow other banks to assume them. The largest banks to be acquired have been the Merrill Lynch acquisition by Bank of America, the Bear Stearns and Washington Mutual acquisitions by JPMorgan Chase, and the Countrywide Financial acquisition also by Bank of America. IndyMac Bank was also a large bank that was changed into a bridge bank by the FDIC, after its failure, until the funds can be disposed of. In addition, the investment bank Lehman Brothers filed for Chapter 11 bankruptcy protection in September 2008, citing bank debt of $613 billion and $155 billion in bond debt. The solvency of other U.S. banks was severely threatened, forcing the George W. Bush government to intervene with the $700 billion bailout plan of the Troubled Asset Relief Program.

As a result of the economic and financial crisis, over 65 U.S. banks have become insolvent and have been taken over by the FDIC since the beginning of 2008. Combined, these banks held over $55 billion in deposits, and the takeovers cost the federal government an estimated $17 billion.[2]

A list of all banks that have failed since October 1, 2000, and either have been liquidated or are being liquidated by the FDIC is located at http://www.fdic.gov/bank/individual/failed/banklist.html.

2007 (3 total)[edit]

Date Company Deposits and/or branches taken by Type of company bankrupt or closed Ref.
February 2, 2007 Metropolitan Savings Bank, Pittsburgh, Pennsylvania Allegheny Valley Bank, Pittsburgh, Pennsylvania [3]
September 28, 2007 NetBank, Alpharetta, Georgia ING Direct, Wilmington, Delaware Retail and mortgage bank [4][5]
October 4, 2007 Miami Valley Bank, Lakeview, Ohio Citizens Banking Corp, Sandusky, Ohio [6][7]

2008 (26 total)[edit]

Date Company Deposits and/or branches taken by Type of company bankrupt or closed Ref.
January 25, 2008 Douglass National Bank, Kansas City, Missouri Liberty Bank and Trust Company, New Orleans, Louisiana [8]
March 7, 2008 Hume Bank, Hume, Missouri Security Bank, Rich Hill, Missouri [9]
May 9, 2008 ANB Financial, Bentonville, Arkansas Pulaski Bank and Trust Company, Little Rock, Arkansas [10]
May 30, 2008 First Integrity Bank, Staples, Minnesota First International Bank and Trust, Watford City, North Dakota [11]
July 11, 2008 IndyMac Bank, Pasadena, California IndyMac Federal Bank, an 'interim' bank set up by FDIC for disposal of assets savings and loan association [12]
July 25, 2008 First National Bank of Nevada, Reno, Nevada; First Heritage Bank, Newport Beach, California Mutual of Omaha, Omaha, Nebraska [13]
August 1, 2008 First Priority Bank, Bradenton, Florida SunTrust Bank, Atlanta, Georgia [14]
August 22, 2008 The Columbian Bank and Trust Company, Topeka, Kansas Citizens Bank & Trust, Chillicothe, Missouri [15]
August 29, 2008 Integrity Bank, Alpharetta, Georgia Regions Bank, Birmingham, Alabama [16]
September 5, 2008 Silver State Bank, Henderson, Nevada Nevada State Bank, Las Vegas, Nevada [17]
September 19, 2008 AmeriBank, Northfork, West Virginia Pioneer Community Bank, Iaeger, West Virginia; The Citizen's Saving Bank, Martins Ferry, Ohio Savings and loan association [18]
September 25, 2008 Washington Mutual, Seattle, Washington JPMorgan Chase savings and loan association [19]
October 10, 2008 Main Street Bank, Northville, Michigan Monroe Bank & Trust, Monroe, Michigan Commercial bank [20]
October 10, 2008 Meridian Bank, Eldred, Illinois National Bank, Hillsboro, Illinois Commercial bank [21]
October 24, 2008 National City Corp., Cleveland, Ohio PNC Financial Services, Pittsburgh, Pennsylvania Funded by TARP funds. [22][23]
October 24, 2008 Alpha Bank & Trust, Alpharetta, Georgia Stearns Bank, National Association, St. Cloud, Minnesota [24]
October 31, 2008 Freedom Bank, Bradenton, Florida Fifth Third Bank, Cincinnati, Ohio Commercial bank [25]
November 7, 2008 Franklin Bank, S.S.B, Houston, Texas Prosperity Bank, El Campo, Texas Savings and loan association [26]
November 7, 2008 Security Pacific Bank, Los Angeles, California Pacific Western Bank, Los Angeles, California Commercial bank [27]
November 21, 2008 The Community Bank, Loganville, Georgia Bank of Essex, Tappahannock, Virginia Commercial bank [28]
November 21, 2008 Downey Savings and Loan, Newport Beach, California U.S. Bank, Minneapolis, Minnesota Savings and loan association [29]
November 21, 2008 PFF Bank and Trust, Pomona, California U.S. Bank, Minneapolis, Minnesota Savings and loan association [29]
December 5, 2008 First Georgia Community Bank, Jackson, Georgia United Bank, Zebulon, Georgia Commercial bank [30]
December 12, 2008 Haven Trust Bank, Duluth, Georgia BB&T Company, Winston-Salem, North Carolina Commercial bank [31]
December 12, 2008 Sanderson State Bank, Sanderson, Texas The Pecos County State Bank, Fort Stockton, Texas Commercial bank [32]
December 31, 2008 Wachovia Bank, Charlotte, North Carolina Wells Fargo Bank, San Francisco, California Commercial bank [33]

2009 (140 total)[edit]

Date Company Deposits and/or branches taken by Type of company bankrupt or closed Ref.
January 16, 2009 National Bank of Commerce, Berkeley, Illinois Republic Bank of Chicago, Oak Brook, Illinois Commercial bank [34]
January 16, 2009 Bank of Clark County, Vancouver, Washington Umpqua Bank, Roseburg, Oregon Commercial bank [34]
January 23, 2009 1st Centennial Bank, Redlands, California First California Bank, Westlake Village, California Commercial bank [34]
January 30, 2009 MagnetBank, Salt Lake City, Utah closed; FDIC payout of insured deposits Commercial bank [34]
January 30, 2009 Suburban Federal Savings Bank, Crofton, Maryland Bank of Essex, Tappahannock, Virginia Savings and loan association [34]
January 30, 2009 Ocala National Bank, Ocala, Florida CenterState Bank of Florida, Winter Haven, Florida Commercial bank [34]
February 6, 2009 FirstBank Financial Services, McDonough, Georgia Regions Bank, Birmingham, Alabama [34]
February 6, 2009 Alliance Bank, Culver City, California California Bank & Trust, San Diego, California Commercial bank [34]
February 6, 2009 County Bank, Merced, California Westamerica Bank, San Rafael, California Commercial bank [34]
February 13, 2009 Sherman County Bank, Loup City, Nebraska Heritage Bank, Wood River, Nebraska Commercial bank [34]
February 13, 2009 Riverside Bank of the Gulf Coast, Cape Coral, Florida TIB Bank, Naples, Florida Commercial bank [34]
February 13, 2009 Corn Belt Bank and Trust Company, Pittsfield, Illinois The Carlinville National Bank, Carlinville, Illinois Commercial bank [34]
February 13, 2009 Pinnacle Bank, Beaverton, Oregon Washington Trust Bank, Spokane, Washington Commercial bank [34]
February 20, 2009 Silver Falls Bank, Silverton, Oregon Citizens Bank, Corvallis, Oregon Commercial bank [34]
February 27, 2009 Heritage Community Bank, Glenwood, Illinois MB Financial Bank, N.A., Chicago Illinois Commercial bank [34]
February 27, 2009 Security Savings Bank, Henderson, Nevada Bank of Nevada, Las Vegas, Nevada Commercial bank [34]
March 6, 2009 Freedom Bank of Georgia, Commerce, Georgia Northeast Georgia Bank, Lavonia, Georgia Commercial bank [34]
March 20, 2009 FirstCity Bank, Stockbridge, Georgia closed; FDIC payout of insured deposits Commercial bank [34]
March 20, 2009 Colorado National Bank, Colorado Springs, Colorado Herring Bank, Amarillo, Texas Commercial bank [34]
March 20, 2009 TeamBank, Paola, Kansas Great Southern Bank, Springfield, Missouri Commercial bank [34]
March 27, 2009 Omni National Bank, Atlanta, Georgia SunTrust Bank, Atlanta, Georgia Commercial bank [34]
April 10, 2009 Cape Fear Bank, Wilmington, North Carolina First Federal Savings and Loan Association of Charleston, Charleston, South Carolina Savings and loan association [34]
April 10, 2009 New Frontier Bank, Greeley, Colorado Deposit Insurance National Bank of Greeley (interim bank created by FDIC), Greeley, Colorado Commercial bank [34]
April 17, 2009 American Sterling Bank, Sugar Creek, Missouri Metcalf Bank, Lee's Summit, Missouri Commercial bank [34]
April 17, 2009 Great Basin Bank of Nevada, Elko, Nevada Nevada State Bank, Las Vegas, Nevada Commercial bank [34]
April 24, 2009 American Southern Bank, Kennesaw, Georgia Bank of North Georgia, Alpharetta, Georgia Commercial bank [34]
April 24, 2009 Michigan Heritage Bank, Farmington Hills, Michigan Level One Bank, Farmington Hills, Michigan Commercial bank [34]
April 24, 2009 First Bank of Beverly Hills, Calabasas, California closed; FDIC payout of insured deposits Commercial bank [34]
April 24, 2009 First Bank of Idaho, FSB, Ketchum, Idaho U.S. Bank, Minneapolis, Minnesota Savings and loan association [34]
May 1, 2009 Silverton Bank, NA, Atlanta, Georgia Silverton Bridge Bank, NA, Atlanta, Georgia Correspondent bank [34]
May 1, 2009 Citizens Community Bank, Ridgewood, New Jersey North Jersey Community Bank, Englewood Cliffs, New Jersey Commercial bank [34]
May 1, 2009 America West Bank, Layton, Utah Cache Valley Bank, Logan, Utah Commercial bank [34]
May 8, 2009 Westsound Bank, Bremerton, Washington Kitsap Bank, Port Orchard, Washington Commercial bank [34]
May 21, 2009 BankUnited, FSB, Coral Gables, Florida BankUnited, Coral Gables, Florida Savings and loan association [34]
May 22, 2009 Strategic Capital Bank, Champaign, Illinois Midland States Bank, Effingham, IL Commercial bank [34]
May 22, 2009 Citizens National Bank, Macomb, Illinois Morton Community Bank, Morton, Illinois Commercial bank [34]
June 5, 2009 Bank of Lincolnwood, Lincolnwood, Illinois Republic Bank of Chicago, Oak Brook, Illinois Commercial bank [34]
June 19, 2009 Southern Community Bank, Fayetteville, Georgia United Community Bank, Blairsville, Georgia Commercial bank [34]
June 19, 2009 Cooperative Bank, Wilmington, North Carolina First Bank, Troy, North Carolina Commercial bank [34]
June 19, 2009 First National Bank of Anthory, Anthony, Kansas Bank of Kansas, South Hutchinson, Kansas Commercial bank [34]
June 26, 2009 Community Bank of West Georgia, Villa Rica, Georgia closed; FDIC payout of insured deposits Commercial bank [34]
June 26, 2009 Neighborhood Community Bank, Newnan, Georgia Charter Bank, West Point, Georgia Commercial bank [34]
June 26, 2009 Horizon Bank, Pine City, Minnesota Stearns Bank, N.A., St. Cloud, Minnesota Commercial bank [34]
June 26, 2009 Metro Pacific Bank, Irvine, California Sunwest Bank, Tustin, California Commercial bank [34]
June 26, 2009 Mirae Bank, Los Angeles, California Wilshire State Bank, Los Angeles, California Commercial bank [34]
July 2, 2009 John Warner Bank, Clinton, Illinois State Bank of Lincoln, Lincoln, Illinois Commercial bank [34]
July 2, 2009 First State Bank of Winchester, Winchester, Illinois First Bank of Beardstown, Beardstown, Illinois Commercial bank [34]
July 2, 2009 Rock River Bank, Oregon, Illinois The Harvard State Bank, Harvard, Illinois Commercial bank [34]
July 2, 2009 Elizabeth State Bank, Elizabeth, Illinois Galena State Bank and Trust Company, Galena, Illinois Commercial bank [34]
July 2, 2009 First National Bank of Danville, Danville, Illinois First National Bank, NA, Terre Haute, Indiana Commercial bank [34]
July 2, 2009 Millennium State Bank of Texas, Dallas, Texas State Bank of Texas, Irving, Texas Commercial bank [34]
July 2, 2009 Founders Bank, Worth, Illinois The Private Bank and Trust Company, Chicago, Illinois Commercial bank [34]
July 10, 2009 Bank of Wyoming, Thermopolis, Wyoming Central Bank & Trust, Lander, Wyoming Commercial bank [34]
July 17, 2009 First Piedmont Bank, Winder, Georgia First American Bank and Trust Company, Athens, Georgia Commercial bank [34]
July 17, 2009 Bank First, Sioux Falls, South Dakota Alerus Financial N.A., Grand Forks, North Dakota Commercial bank [34]
July 17, 2009 Vineyard Bank, Rancho Cucamonga, California California Bank & Trust, San Diego, California Commercial bank [34]
July 17, 2009 Temecula Valley Bank, Temecula, California First-Citizens Bank and Trust Company, Raleigh, North Carolina Commercial bank [34]
July 24, 2009 Waterford Village Bank, Williamsville, New York Evans Bank, N.A., Angola, New York Commercial bank [34]
July 24, 2009 Security Bank of Gwinnett County, Suwanee, Georgia State Bank and Trust Company, Pinehurst, Georgia Commercial bank [34]
July 24, 2009 Security Bank of North Fulton, Alpharetta, Georgia State Bank and Trust Company, Pinehurst, Georgia Commercial bank [34]
July 24, 2009 Security Bank of North Metro, Woodstock, Georgia State Bank and Trust Company, Pinehurst, Georgia Commercial bank [34]
July 24, 2009 Security Bank of Bibb County, Macon, Georgia State Bank and Trust Company, Pinehurst, Georgia Commercial bank [34]
July 24, 2009 Security Bank of Houston County, Perry, Georgia State Bank and Trust Company, Pinehurst, Georgia Commercial bank [34]
July 24, 2009 Security Bank of Jones County, Gray, Georgia State Bank and Trust Company, Pinehurst, Georgia Commercial bank [34]
July 31, 2009 First State Bank of Altus, Altus, Oklahoma Herring Bank, Amarillo, Texas Commercial bank [34]
July 31, 2009 Integrity Bank, Jupiter, Florida Stonegate Bank, Fort Lauderdale, Florida Commercial bank [34]
July 31, 2009 Peoples Community Bank, West Chester, Ohio First Financial Bank, Hamilton, Ohio Commercial bank [34]
July 31, 2009 First BankAmericano, Elizabeth, New Jersey Crown Bank, Brick, New Jersey Commercial bank [34]
July 31, 2009 Mutual Bank, Harvey, Illinois United Central Bank, Garland, Texas Commercial bank [34]
August 7, 2009 First State Bank, Sarasota, Florida Stearns Bank N.A, St. Cloud, Minnesota Commercial bank [34]
August 7, 2009 Community National Bank of Sarasota County, Venice, Florida Stearns Bank N.A, St. Cloud, Minnesota Commercial bank [34]
August 7, 2009 Community First Bank, Prineville, Oregon Home Federal Bank, Nampa, Idaho Commercial bank [34]
August 14, 2009 Dwelling House Savings and Loan Association, Pittsburgh, Pennsylvania PNC Bank N.A, Pittsburgh, Pennsylvania Commercial bank [34]
August 14, 2009 Colonial Bank, Montgomery, Alabama Branch Banking and Trust Company, Winston-Salem, North Carolina Commercial bank [34]
August 14, 2009 Community Bank of Nevada, Las Vegas, Nevada Deposit Insurance National Bank of Las Vegas, Las Vegas, Nevada Commercial bank [34]
August 14, 2009 Community Bank of Arizona, Phoenix, Arizona MidFirst Bank, Oklahoma City, Oklahoma Commercial bank [34]
August 14, 2009 Union Bank N.A., Gilbert, Arizona MidFirst Bank, Oklahoma City, Oklahoma Commercial bank [34]
August 21, 2009 eBank, Atlanta, Georgia Stearns Bank, NA, St. Cloud, Minnesota Commercial bank [34]
August 21, 2009 First Coweta Bank, Newnan, Georgia United Bank, Zebulon, Georgia Commercial bank [34]
August 21, 2009 CapitalSouth Bank, Birmingham, Alabama IberiaBank, Lafayette, Louisiana Commercial bank [34]
August 21, 2009 Guaranty Bank, Austin, Texas BBVA Compass, Birmingham, Alabama Commercial bank [34]
August 28, 2009 Bradford Bank, Baltimore, Maryland Manufacturers and Traders Trust Company, Buffalo, New York Commercial bank [34]
August 28, 2009 Mainstreet Bank, Forest Lake, Minnesota Central Bank, Stillwater, Minnesota Commercial bank [34]
August 28, 2009 Affinity Bank, Ventura, California Pacific Western Bank, San Diego, California Commercial bank [34]
August 28, 2009 Vantus Bank, Sioux City, Iowa Great Southern Bank, Springfield, Missouri Commercial bank [34]
September 4, 2009 First Bank of Kansas City, Kansas City, Missouri Great American Bank, DeSoto, Kansas Commercial bank [34]
September 4, 2009 InBank, Oak Forest, Illinois MB Financial Bank NA, Chicago, Illinois Commercial bank [34]
September 4, 2009 Platinum Community Bank, Rolling Meadows, Illinois closed; FDIC payout of insured deposits Commercial bank [34]
September 4, 2009 First State Bank, Flagstaff, Arizona Sunwest Bank, Tustin, California Commercial bank [34]
September 11, 2009 Corus Bank, N.A., Chicago, Illinois MB Financial Bank, N.A., Chicago, Illinois Commercial bank [34]
September 11, 2009 Brickwell Community Bank, Woodbury, Minnesota CorTrust Bank, N.A., Mitchell, South Dakota Commercial bank [34]
September 11, 2009 Venture Bank, Lacey, Washington First-Citizens Bank and Trust Company, Raleigh, North Carolina Commercial bank [34]
September 18, 2009 Irwin Union Bank and Trust Company, Columbus, Indiana First Financial Bank, N.A., Hamilton, Ohio Commercial bank [34]
September 18, 2009 Irwin Union Bank, F.S.B., Louisville, Kentucky First Financial Bank, N.A., Hamilton, Ohio Savings and loan association [34]
September 25, 2009 Georgian Bank, Atlanta, Georgia First Citizens Bank and Trust Company, Columbia, South Carolina Commercial bank [34]
October 2, 2009 Warren Bank, Warren, Michigan Huntington National Bank, Columbus, Ohio Commercial bank [34]
October 2, 2009 Colorado National Bank, Pueblo, Colorado Legacy Bank, Wiley, Colorado Commercial bank [34]
October 2, 2009 State Bank, Spring Grove, Minnesota Central Bank, Stillwater, Minnesota Commercial bank [34]
October 16, 2009 San Joaquin Bank, Bakersfield, California Citizens Business Bank, Ontario, California Commercial bank [34]
October 23, 2009 Partners Bank, Naples, Florida Stonegate Bank, Fort Lauderdale, Florida Commercial bank [34]
October 23, 2009 American United Bank, Lawrenceville, Georgia Ameris Bank, Moultrie, Georgia Commercial bank [34]
October 23, 2009 Hillcrest Bank Florida, Naples, Florida Stonegate Bank, Fort Lauderdale, Florida Commercial bank [34]
October 23, 2009 Flagship National Bank, Bradenton, Florida First Federal Bank of Florida, Lake City, Florida Commercial bank [34]
October 23, 2009 Bank of Elmwood, Racine, Wisconsin Tri City National Bank, Oak Creek, Wisconsin Commercial bank [34]
October 23, 2009 Riverview Community Bank, Otsego, Minnesota Central Bank, Stillwater, Minnesota Commercial bank [34]
October 23, 2009 First DuPage Bank, Westmont, Illinois First Midwest Bank, Itasca, Illinois Commercial bank [34]
October 23, 2009 Bank USA, NA, Phoenix, Arizona U.S. Bank, NA, of Minneapolis, Minnesota Commercial bank [34]
October 23, 2009 California National Bank, Los Angeles, California U.S. Bank, NA, of Minneapolis, Minnesota Commercial bank [34]
October 23, 2009 San Diego National Bank, San Diego, California U.S. Bank, NA, of Minneapolis, Minnesota Commercial bank [34]
October 23, 2009 Pacific National Bank, San Francisco, California U.S. Bank, NA, of Minneapolis, Minnesota Commercial bank [34]
October 23, 2009 Park National Bank, Chicago, Illinois U.S. Bank, NA, of Minneapolis, Minnesota Commercial bank [34]
October 23, 2009 Community Bank of Lemont, Lemont, Illinois U.S. Bank, NA, of Minneapolis, Minnesota Commercial bank [34]
October 23, 2009 North Houston Bank, Houston, Texas U.S. Bank, NA, of Minneapolis, Minnesota Commercial bank [34]
October 23, 2009 Madisonville State Bank, Madisonville, Texas U.S. Bank, NA, of Minneapolis, Minnesota Commercial bank [34]
October 23, 2009 Citizens National Bank, Teague, Texas U.S. Bank, NA, of Minneapolis, Minnesota Commercial bank [34]
October 23, 2009 California National Bank, Los Angeles, California U.S. Bank, NA, of Minneapolis, Minnesota Commercial bank [34]
November 6, 2009 United Security Bank, Sparta, Georgia Ameris Bank, Moultrie, Georgia Commercial bank [34]
November 6, 2009 Home Federal Savings Bank, Detroit, Michigan Liberty Bank and Trust Company, New Orleans, Louisiana Commercial bank [34]
November 6, 2009 Prosperan Bank, Oakdale, Minnesota Alerus Financial, NA, Grand Forks, North Dakota Commercial bank [34]
November 6, 2009 Gateway Bank of St. Louis, St. Louis, Missouri Central Bank of Kansas City, Kansas City, Missouri Commercial bank [34]
November 6, 2009 United Commercial Bank, San Francisco, California East West Bank, Pasadena, California Commercial bank [34]
November 13, 2009 Century Bank, Federal Savings Bank, Sarasota, Florida IberiaBank, Lafayette, Louisiana Savings and loan association [34]
November 13, 2009 Orion Bank, Naples, Florida IberiaBank, Lafayette, Louisiana Commercial bank [34]
November 13, 2009 Pacific Coast National Bank, San Clemente, California Sunwest Bank, Tustin, California Commercial bank [34]
November 20, 2009 Commerce Bank of Southwest Florida, Fort Myers, Florida Central Bank, Stillwater, Minnesota Commercial bank [34]
November 20, 2009 Commerce Bank of Southwest Florida, Fort Myers, Florida Central Bank, Stillwater, Minnesota Commercial bank [34]
December 4, 2009 Buckhead Community Bank, Atlanta, Georgia State Bank and Trust Company, Macon, Georgia Commercial bank [34]
December 4, 2009 First Security National Bank, Norcross, Georgia State Bank and Trust Company, Macon, Georgia Commercial bank [34]
December 4, 2009 Tattnall Bank, Reidsville, Georgia HeritageBank of the South, Albany, Georgia Commercial bank [34]
December 4, 2009 AmTrust Bank, Cleveland, Ohio New York Community Bank, Westbury, New York Savings and loan association [34]
December 4, 2009 Benchmark Bank, Aurora, Illinois MB Financial Bank, National Association, Chicago, Illinois Commercial bank [34]
December 4, 2009 Greater Atlantic Bank, Reston, Virginia Sonabank, McLean Virginia Savings and loan association [34]
December 11, 2009 Republic Federal Bank, National Association, Miami, Florida 1st United Bank, Boca Raton, Florida Commercial bank [34]
December 11, 2009 Valley Capital Bank, National Association, Mesa, Arizona Enterprise Bank & Trust, Clayton, Missouri Commercial bank [34]
December 11, 2009 SolutionsBank, Overland Park, Kansas Arvest Bank, Fayetteville, Arkansas Commercial bank [34]
December 18, 2009 RockBridge Commercial Bank, Atlanta, Georgia FDIC (no acquiring bank) Commercial bank [34]
December 11, 2009 Peoples First Community Bank, Panama City, Florida Hancock Bank, Gulfport, Mississippi Savings and loan association [34]
December 18, 2009 Citizens State Bank, New Baltimore, Michigan FDIC-created Deposit Insurance National Bank of New Baltimore (no acquiring bank) Commercial bank [34]
December 11, 2009 New South Federal Savings Bank, Irondale, Alabama Beal Bank, Plano, Texas Savings and loan association [34]
December 11, 2009 Independent Bankers' Bank, Springfield, Illinois FDIC-created Independent Bankers' Bank Bridge Bank Correspondent bank [34]
December 18, 2009 Imperial Capital Bank, La Jolla, California City National Bank, Los Angeles, California Commercial bank [34]
December 18, 2009 First Federal Bank of California, Santa Monica, California OneWest Bank, FSB, Pasadena Savings and loan association [34]

2010 (157 total)[edit]

The following 157 banks failed in 2010:[1]

Bank City State Date Acquired by Assets
  ($mil.)
1 Horizon Bank Bellingham Washington January 8, 2010 Washington Federal Savings and Loan Association 1,300
2 Town Community Bank & Trust Antioch Illinois January 15, 2010 First American Bank 70
3 St. Stephen State Bank St. Stephen Minnesota January 15, 2010 First State Bank of St. Joseph 25
4 Barnes Banking Company Kaysville Utah January 15, 2010 None (insured depositors paid directly) 828
5 Premier American Bank Miami Florida January 22, 2010 Premier American Bank, N.A. 351
6 Bank of Leeton Leeton Missouri January 22, 2010 Sunflower Bank, N.A. 20
7 Charter Bank Santa Fe New Mexico January 22, 2010 Charter Bank 1,200
8 Evergreen Bank Seattle Washington January 22, 2010 Umpqua Bank 489
9 Columbia River Bank The Dalles Oregon January 22, 2010 Columbia State Bank 1,100
10 First National Bank of Georgia Carrollton Georgia January 29, 2010 Community and Southern Bank 833
11 Florida Community Bank Immokalee Florida January 29, 2010 Premier American Bank, N.A. 876
12 Marshall Bank, N.A. Hallock Minnesota January 29, 2010 United Valley Bank 60
13 Community Bank and Trust Cornelia Georgia January 29, 2010 SCBT, NA 1,210
14 First Regional Bank Los Angeles California January 29, 2010 First-Citizens Bank and Trust Company 2,180
15 American Marine Bank Bainbridge Island Washington January 29, 2010 Columbia State Bank 373
16 1st American State Bank of Minnesota Hancock Minnesota February 5, 2010 Community Development Bank, FSB 18
17 La Jolla Bank La Jolla California February 19, 2010 OneWest Bank, FSB 3,600
18 George Washington Savings Bank Orland Park Illinois February 19, 2010 FirstMerit Bank, N.A. 413
19 The La Coste National Bank La Coste Texas February 19, 2010 Community National Bank 54
20 Marco Community Bank Marco Island Florida February 19, 2010 Mutual of Omaha Bank 120
21 Carson River Community Bank Carson City Nevada February 26, 2010 Heritage Bank of Nevada 51
22 Rainier Pacific Bank Tacoma Washington February 26, 2010 Umpqua Bank 718
23 Centennial Bank Ogden Utah March 5, 2010 None (insured depositors paid directly) 215
24 Waterfield Bank Germantown Maryland March 5, 2010 None (insured depositors paid from a new bank or directly) 156
25 Bank of Illinois Normal Illinois March 5, 2010 Heartland Bank and Trust Company 212
26 Sun American Bank Boca Raton Florida March 5, 2010 First-Citizens Bank and Trust Company 536
27 LibertyPointe Bank New York New York March 12, 2010 Valley National Bank 210
28 The Park Avenue Bank New York New York March 12, 2010 Valley National Bank 520
29 Statewide Bank Covington Louisiana March 12, 2010 Home Bank 243
30 Old Southern Bank Orlando Florida March 12, 2010 Centennial Bank 316
31 American National Bank Parma Ohio March 19, 2010 The National Bank and Trust Company 70
32 Advanta Bank Corp Draper Utah March 19, 2010 None (insured depositors paid directly) 1,600
33 Century Security Bank Duluth Georgia March 19, 2010 Bank of Upson 97
34 Bank of Hiawassee Hiawassee Georgia March 19, 2010 Citizens South Bank 378
35 Appalachian Community Bank Ellijay Georgia March 19, 2010 Community and Southern Bank 1,010
36 First Lowndes Bank Luverne Alabama March 19, 2010 First Citizens Bank 137
37 State Bank of Aurora Aurora Minnesota March 19, 2010 Northern State Bank 28
38 Desert Hills Bank Phoenix Arizona March 26, 2010 New York Community Bank 497
39 Unity National Bank Cartersville Georgia March 26, 2010 Bank of the Ozarks 292
40 Key West Bank Key West Florida March 26, 2010 Centennial Bank 88
41 McIntosh Commercial Bank Carrollton Georgia March 26, 2010 Hamilton State Bank 363
42 Beach First National Bank Myrtle Beach South Carolina April 9, 2010 Bank of North Carolina 585
43 City Bank Lynnwood Washington April 16, 2010 Whidbey Island Bank 1,130
44 Tamalpais Bank San Rafael California April 16, 2010 Union Bank, N.A. 629
45 Innovative Bank Oakland California April 16, 2010 Center Bank 269
46 Butler Bank Lowell Massachusetts April 16, 2010 People's United Bank 268
47 Riverside National Bank of Florida Fort Pierce Florida April 16, 2010 TD Bank, N.A. 3,420
48 AmericanFirst Bank Clermont Florida April 16, 2010 TD Bank, N.A. 91
49 First Federal Bank of North Florida Palatka Florida April 16, 2010 TD Bank, N.A. 393
50 Lakeside Community Bank Sterling Heights Michigan April 16, 2010 None (insured depositors paid directly) 53
51 Amcore Bank Rockford Illinois April 23, 2010 Harris, N.A. 3,400
52 Broadway Bank Chicago Illinois April 23, 2010 MB Financial, N.A. 1,200
53 Citizens Bank and Trust Company of Chicago Chicago Illinois April 23, 2010 Republic Bank of Chicago 77
54 Lincoln Park Saving Bank Chicago Illinois April 23, 2010 Northbrook Bank and Trust Company 200
55 New Century Bank Chicago Illinois April 23, 2010 MB Financial, N.A. 486
56 Peotone Bank and Trust Company Peotone Illinois April 23, 2010 First Midwest Bank 130
57 Wheatland Bank Naperville Illinois April 23, 2010 Wheaton Bank and Trust 437
58 BC National Banks Butler Missouri April 30, 2010 Community First Bank 67
59 CF Bancorp Port Huron Michigan April 30, 2010 First Michigan Bank 1,650
60 Champion Bank Creve Coeur Missouri April 30, 2010 BankLiberty 187
61 Eurobank San Juan Puerto Rico April 30, 2010 Orient Bank and Trust 2,560
62 Frontier Bank Everett Washington April 30, 2010 Union Bank[35] 3,500
63 R-G Premier Bank of Puerto Rico Hato Rey Puerto Rico April 30, 2010 Scotiabank de Puerto Rico 5,920
64 Westernbank Puerto Rico Mayaguez Puerto Rico April 30, 2010 Banco Popular de Puerto Rico 11,940
65 1st Pacific Bank of California San Diego California May 7, 2010 City National Bank 336
66 Towne Bank of Arizona Mesa Arizona May 7, 2010 Commerce Bank of Arizona 120
67 Access Bank Champlin Minnesota May 7, 2010 PrinsBank 32
68 The Bank of Bonifay Bonifay Florida May 7, 2010 First Federal Bank of Florida 243
69 Midwest Bank and Trust Company Elmwood Park Illinois May 14, 2010 FirstMerit Bank, N.A. 3,170
70 New Liberty Bank Plymouth Michigan May 14, 2010 Bank of Ann Arbor 109
71 Satilla Community Bank St. Marys Georgia May 14, 2010 Ameris Bank 136
72 Southwest Community Bank Springfield Missouri May 14, 2010 Simmons First National Bank 97
73 Pinehurst Bank St. Paul Minnesota May 21, 2010 Coulee Bank 61
74 Bank of Florida-Southeast Fort Lauderdale Florida May 28, 2010 EverBank 595
75 Bank of Florida-Southwest Naples Florida May 28, 2010 EverBank 641
76 Bank of Florida-Tampa Bay Tampa Florida May 28, 2010 EverBank 245
77 Sun West Bank Las Vegas Nevada May 28, 2010 City National Bank 361
78 Granite Community Bank Granite Bay California May 28, 2010 Tri Counties Bank 103
79 TierOne Bank Lincoln Nebraska June 4, 2010 Great Western Bank 2,800
80 First National Bank Rosedale Mississippi June 4, 2010 The Jefferson Bank 60
81 Arcola Homestead Savings Bank Arcola Illinois June 4, 2010 None (insured depositors paid directly) 17
82 Washington First International Bank Seattle Washington June 11, 2010 East West Bank 521
83 Nevada Security Bank Reno Nevada June 18, 2010 Umpqua Bank 480
84 Peninsula Bank Englewood Florida June 25, 2010 Premier American Bank, N.A. 644
85 First National Bank Savannah Georgia June 25, 2010 The Savannah Bank 253
86 High Desert State Bank Albuquerque New Mexico June 25, 2010 First American Bank 81
87 Bay National Bank Baltimore Maryland July 9, 2010 Bay Bank, FSB 282
88 Ideal Federal Savings Bank Baltimore Maryland July 9, 2010 None (insured depositors paid directly) 6
89 USA Bank Port Chester New York July 9, 2010 New Century Bank 190
90 Home National Bank Blackwell Oklahoma July 9, 2010 RCB Bank 561
91 Woodlands Bank Bluffton South Carolina July 16, 2010 Bank of the Ozarks 376
92 First National Bank of the South Spartanburg South Carolina July 16, 2010 NAFH National Bank 682
93 Mainstreet Savings Bank Hastings Michigan July 16, 2010 Commercial Bank 97
94 Metro Bank of Dade County Miami Florida July 16, 2010 NAFH National Bank 442
95 Turnberry Bank Aventura Florida July 16, 2010 NAFH National Bank 264
96 Olde Cypress Community Bank Clewiston Florida July 16, 2010 CenterState Bank of Florida 169
97 Community Security Bank New Prague Minnesota July 23, 2010 Roundbank 108
98 Crescent Bank and Trust Co Jasper Georgia July 23, 2010 Renasant Bank 1,000
99 Sterling Bank Lantana Florida July 23, 2010 IBERIABANK 408
100 Williamsburg First National Bank Kingstree South Carolina July 23, 2010 First Citizens Bank and Trust Company 139
101 Thunder Bank Sylvan Grove Kansas July 23, 2010 The Bennington State Bank 33
102 SouthwestUSA Bank Las Vegas Nevada July 23, 2010 Plaza Bank 214
103 Home Valley Bank Cave Junction Oregon July 23, 2010 South Valley Bank and Trust 252
104 Bayside Savings Bank Port Saint Joe Florida July 30, 2010 Centennial Bank 66
105 Coastal Community Bank Panama City Florida July 30, 2010 Centennial Bank 373
106 NorthWest Bank and Trust Acworth Georgia July 30, 2010 State Bank and Trust Company 168
107 The Cowlitz Bank Longview Washington July 30, 2010 Heritage Bank 529
108 LibertyBank Eugene Oregon July 30, 2010 Home Federal Bank 768
109 Ravenswood Bank Chicago Illinois August 6, 2010 Northbrook Bank and Trust Company 265
110 Palos Bank and Trust Palos Heights Illinois August 13, 2010 First Midwest Bank 493
111 ShoreBank Chicago Illinois August 20, 2010 Urban Partnership Bank 2,160
112 Community National Bank at Bartow Bartow Florida August 20, 2010 CenterState Bank of Florida 68
113 Independent National Bank Ocala Florida August 20, 2010 CenterState Bank of Florida 156
114 Imperial Savings & Loan Martinsville Virginia August 20, 2010 River Community Bank, N.A. 9
115 Butte Community Bank Chico California August 20, 2010 Rabobank, N.A. 499
116 Pacific State Bank Stockton California August 20, 2010 Rabobank, N.A. 312
117 Los Padres Bank Solvang California August 20, 2010 Pacific Western Bank 870
118 Sonoma Valley Bank Sonoma California August 20, 2010 Westamerica Bank 337
119 Horizon Bank Bradenton Florida September 10, 2010 Bank of the Ozarks 188
120 Bank of Ellijay Ellijay Georgia September 17, 2010 Community and Southern Bank 169
121 First Commerce Community Bank Douglasville Georgia September 17, 2010 Community and Southern Bank 248
122 Peoples Bank Winder Georgia September 17, 2010 Community and Southern Bank 447
123 ISN Bank Cherry Hill New Jersey September 17, 2010 Customers Bank 82
124 Bramble Savings Bank Milford Ohio September 17, 2010 Foundation Bank 48
125 Maritime Savings Bank West Allis Wisconsin September 17, 2010 North Shore Bank, FSB 351
126 Haven Trust Bank Florida Ponte Vedra Beach Florida September 24, 2010 First Southern Bank 149
127 North County Bank Arlington Washington September 24, 2010 Whidbey Island Bank 289
128 Wakulla Bank Crawfordville Florida October 1, 2010 Centennial Bank 424
129 Shoreline Bank Shoreline Washington October 1, 2010 GBC International Bank 104
130 Security Savings Bank, FSB Olathe Kansas October 15, 2010 Simmons First National Bank 508
131 WestBridge Bank and Trust Company Chesterfield Missouri October 15, 2010 Midland State Bank 92
132 Premier Bank Jefferson City Missouri October 15, 2010 Providence Bank 1,200
133 Hillcrest Bank Overland Park Kansas October 22, 2010 Hillcrest Bank, N.A. 1,600
134 First Bank of Jacksonville Jacksonville Florida October 22, 2010 Ameris Bank 81
135 Progress Bank of Florida Tampa Florida October 22, 2010 Bay Cities Bank 111
136 First National Bank of Barnesville Barnesville Georgia October 22, 2010 United Bank 131
137 Gordon Bank Gordon Georgia October 22, 2010 Morris Bank 29
138 First Suburban National Bank Maywood Illinois October 22, 2010 Seaway Bank and Trust Company 149
139 First Arizona Savings Scottsdale Arizona October 22, 2010 None (insured depositors paid directly) 272
140 K Bank Randallstown Maryland November 5, 2010 Manufacturers and Traders Trust Company 538
141 Western Commercial Bank Woodland Hills California November 5, 2010 First California Bank 99
142 First Vietnamese American Bank Westminster California November 5, 2010 Grandpoint Bank 48
143 Pierce Commercial Bank Tacoma Washington November 5, 2010 Heritage Bank 221
144 Tifton Banking Company Tifton Georgia November 12, 2010 Ameris Bank 144
145 Darby Bank & Trust Vidalia Georgia November 12, 2010 Ameris Bank 655
146 Copper Star Bank Scottsdale Arizona November 12, 2010 Stearns Bank, N.A. 204
147 Gulf State Community Bank Carrabelle Florida November 19, 2010 Centennial Bank 112
148 Allegiance Bank of North America Bala Cynwyd Pennsylvania November 19, 2010 VIST Bank 106
149 First Banking Center Burlington Wisconsin November 19, 2010 First Michigan Bank 821
150 Paramount Bank Farmington Hills Michigan December 10, 2010 Level One Bank 253
151 Earthstar Bank Southampton Pennsylvania December 10, 2010 Polonia Bank 113
152 Chestatee State Bank Dawsonville Georgia December 17, 2010 Bank of the Ozarks 244
153 First Southern Bank Batesville Arkansas December 17, 2010 Southern Bank 156
154 Community National Bank Lino Lakes Minnesota December 17, 2010 Farmers & Merchants Savings Bank 29
155 United Americas Bank Atlanta Georgia December 17, 2010 State Bank and Trust Company 194
156 Appalachian Community Bank McCaysville Georgia December 17, 2010 Peoples Bank of East Tennessee 68
157 The Bank of Miami, N.A. Coral Gables Florida December 17, 2010 1st United Bank 448

Credit unions[edit]

The National Credit Union Administration (NCUA) does not have a table of failed credit unions prior to 2009. A list of credit unions which failed since 2009 can be found at https://ncua.gov/support-services/conservatorships-liquidations . For failed credit unions prior to 2009 please refer to press releases regarding failed credit unions at https://ncua.gov/news/press-releases.

Date Company Deposits and/or branches taken by Type of company bankrupt or closed Ref.
April 27, 2007 Sharebuilders Federal Credit Union, Northridge, California closed and liquidated by NCUA credit union [36]
November 2, 2007 Green Tree Credit Union, Feasterville, Pennsylvania closed and liquidated by NCUA; a portion of the assets were transferred to Freedom Credit Union, Warminster, Pennsylvania credit union [37]
November 28, 2007 Huron River Credit Union, Ann Arbor, Michigan Detroit Edison Credit Union, Detroit, Michigan credit union [38]
January 24, 2008 Norlarco Federal Credit Union, Ft. Collins, Colorado Public Service Credit Union, Denver, Colorado credit union [39]
May 3, 2008 St. Luke Baptist Federal Credit Union, Laurelton, New York closed and liquidated by NCUA credit union [40]
May 12, 2008 Father Burke Federal Credit Union, Bronx, New York closed and liquidated by NCUA credit union [41]
July 1, 2008 Cal State 9 Credit Union, Concord, California closed and liquidated by NCUA; most assets assumed by Patelco Credit Union, San Francisco, California credit union [42]
July 1, 2008 Sterlent Credit Union, Pleasanton, California closed and liquidated by NCUA; most assets assumed by Patelco Credit Union, San Francisco, California credit union [42]
July 16, 2008 Meridan F.A. Federal Credit Union, Meriden, Connecticut closed and liquidated by NCUA credit union [43]
July 28, 2008 New London Security Federal Credit Union, New London, Connecticut closed and liquidated by NCUA credit union [44]
August 8, 2008 Port Trust Federal Credit Union, Charleston, South Carolina CPM Federal Credit Union, North Charleston, South Carolina credit union [45]
September 17, 2008 Interfaith Federal Credit Union, East Orange, New Jersey closed and liquidated by NCUA credit union [46]
September 29, 2008 Kaiperm Federal Credit Union, Oakland, California Alliant Credit Union, Chicago, Illinois credit union [47]
October 3, 2008 TEXDOT-WF Credit Union, Wichita Falls, Texas Postal Family Credit Union, Wichita Falls, Texas credit union [48]
October 6, 2008 N&W Poca Division Federal Credit Union, Bluefield, West Virginia closed and liquidated by NCUA credit union [49]
December 5, 2008 West Hartford Credit Union, Farmington, Connecticut closed and liquidated by NCUA credit union [50]
January 2, 2009 Valley Credit Union, San Jose, California closed and placed into receivership by NCUA; assets assumed by Citizens Equity First Credit Union (CEFCU), Peoria, Illinois credit union [51]
February 13, 2009 Center Valley Credit Union, Wheeling, West Virginia closed and liquidated by NCUA credit union [52]
March 20, 2009 U.S. Central Credit Union, Lenexa, Kansas Placed into conservatorship under the NCUA. This corporate credit union will continue to run under NCUA management. Corporate credit union [53]
March 20, 2009 Western Corporate (WesCorp) Federal Credit Union, San Dimas, California Placed into conservatorship under the NCUA. This corporate credit union will continue to run under NCUA management. Corporate credit union [53]
April 24, 2009 Eastern Financial Florida Credit Union, Miramar, Florida Placed into conservatorship under the NCUA. Officials from Space Coast Credit Union of Melbourne, Florida will temporarily manage day-to-day operations. credit union [54]
July 6, 2009 Watts United Credit Union, Los Angeles, California closed and liquidated by NCUA credit union [55]
August 12, 2009 Community One Federal Credit Union, Clark County, Nevada closed by NCUA; assets assumed by America First Federal Credit Union P&A, Riverside, Utah credit union [56]
August 28, 2009 Free Choice Federal Credit Union, Feasterville, Pennsylvania closed by NCUA; assets assumed by Trumark Financial Credit Union, Trevose, Pennsylvania credit union [57]
September 22, 2009 Comunidades Federal Union, Los Angeles, California closed by NCUA; assets assumed by Water and Power Community Credit Union, Los Angeles, California credit union [58]
September 24, 2009 Keys Federal Credit Union Key West, Florida placed into conservatorship by NCUA credit union [59]
September 25, 2009 Clearstar Financial Credit Union (Reno, Nevada) closed and liquidated by NCUA credit union
September 30, 2009 The Members' Own Federal Credit Union (Victorville, California) closed and liquidated by NCUA credit union
September 30, 2009 West Texas Credit Union (El Paso, Texas) closed and liquidated by NCUA credit union
October 23, 2009 First Delta Federal Credit Union (Marks, Mississippi) placed into conservatorship by NCUA credit union
October 28, 2009 Second Baptist Church Credit Union (Los Angeles, California) closed and liquidated by NCUA credit union
November 13, 2009 Ensign Federal Credit Union (Henderson, Nevada) closed and liquidated by NCUA credit union
November 30, 2009 Fairfield County Ohio Federal Employees Federal Credit Union (Lancaster, Ohio) closed and liquidated by NCUA credit union
December 17, 2009 First Service Credit Union (Milwaukee, Wisconsin) Merger With NCUA Assistance credit union
December 31, 2009 GCM Federal Credit Union (St. Paul, Minnesota) Merger With NCUA Assistance credit union
December 31, 2009 HeritageWest Federal Credit Union (Tooele, Utah) closed and liquidated by NCUA credit union
December 31, 2009 Allied Tube Employees Federal Credit Union (Harvey, Illinois) closed and liquidated by NCUA credit union

See also[edit]

General:

References[edit]

  1. ^ a b "Failed Bank List". Federal Deposit Insurance Corporation. Archived from the original on November 15, 2013. Retrieved November 15, 2013.
  2. ^ "Committee for a Responsible Federal Budget: Stimulus Watch". February 9, 2009.
  3. ^ "FDIC Approves the Assumption of the Insured Deposits of Metropolitan Savings Bank, Pittsburgh, Pennsylvania" (Press release). FDIC. February 2, 2007.
  4. ^ "Failed Bank Information: NetBank, Alpharetta, GA, Closing Information". FDIC. September 28, 2007.
  5. ^ "ING wins from online bank failure". BBC News. September 30, 2008.
  6. ^ "Bank Closing Information for Miami Valley Bank, Lakeview, Ohio". FDIC. October 4, 2007.
  7. ^ "Miami Valley becomes year's 3rd failed bank - FDIC". Reuters. October 4, 2008.
  8. ^ "FDIC Approves the Assumption of all the Deposits of Douglass National Bank, Kansas Cityg, Missouri" (Press release). FDIC. January 25, 2008.
  9. ^ "FDIC Approves the Assumption of the Insured Deposits of Hume Bank, Hume, Missouri" (Press release). FDIC. March 7, 2008.
  10. ^ "FDIC Approves the Assumption of the Insured Deposits of ANB Financial, National Association, Bentonville, Arkansas" (Press release). FDIC. May 9, 2008.
  11. ^ "FDIC Approves the Assumption of All the Deposits of First Integrity Bank, National Association, Staples, Minnesota" (Press release). FDIC. May 30, 2008.
  12. ^ "FDIC Establishes IndyMac Federal Bank, FSB as Successor to IndyMac Bank, F.S.B., Pasadena, California". FDIC. July 11, 2008.
  13. ^ "Mutual of Omaha Bank Acquires All Deposits of First National Bank of Nevada and First Heritage Bank, N.A." (Press release). FDIC. July 25, 2008.
  14. ^ "SunTrust Bank Acquires the Insured Deposits of First Priority Bank, Bradenton, Florida" (Press release). FDIC. August 1, 2008.
  15. ^ "Failed Bank Information: NetBank, Alpharetta, GA, Closing Information". FDIC. August 22, 2008.
  16. ^ "Failed Bank Information: Integrity Bank, Alpharetta, GA Closing Information". FDIC. August 29, 2008.
  17. ^ "Failed Bank Information: Silver State Bank, Henderson, NV Closing Information". FDIC. September 5, 2008.
  18. ^ "Pioneer Community Bank, Inc., and the Citizens Savings Bank Acquire All Deposits of Ameribank, Inc., Northfork, West Virginia" (Press release). FDIC. September 19, 2008.
  19. ^ "JPMorgan Chase Acquires Banking Operations of Washington Mutual" (Press release). FDIC. September 19, 2008.
  20. ^ "Monroe Bank & Trust Acquires All the Deposits of Main Street Bank, Northville, Michigan" (Press release). FDIC. October 10, 2008. Retrieved October 10, 2008.
  21. ^ "National Bank Acquires All the Deposits of Meridian Bank, Eldred, Illinois" (Press release). FDIC. October 10, 2008. Retrieved October 10, 2008.
  22. ^ Boselovic, Len (October 24, 2008). "PNC acquiring National City". Pittsburgh Post-Gazette. Archived from the original on October 26, 2008.
  23. ^ "PNC Financial Services To Buy National City". KDKA-TV. October 24, 2008. Archived from the original on October 25, 2008.
  24. ^ "Stearns Bank, National Association Acquires the Insured Deposits of Alpha Bank & Trust, Alpharetta, GA" (Press release). FDIC. October 24, 2008. Retrieved October 24, 2008.
  25. ^ "Fifth Third Bank Acquires All the Deposits of Freedom Bank, Bradenton, Florida" (Press release). FDIC. October 31, 2008. Retrieved October 31, 2008.
  26. ^ "Prosperity Bank Acquires All the Deposits of Franklin Bank, S.S.B., Houston, Texas" (Press release). FDIC. November 7, 2008. Retrieved November 7, 2008.
  27. ^ "Pacific Western Bank Acquires All the Deposits of Security Pacific Bank, Los Angeles, California" (Press release). FDIC. November 7, 2008. Retrieved November 7, 2008.
  28. ^ "Bank of Essex, Tappahannock, Virginia Acquires All the Deposits of The Community Bank, Loganville, GA" (Press release). FDIC. November 21, 2008. Retrieved November 22, 2008.
  29. ^ a b "U.S. Bank Acquires All the Deposits of Two Southern California Institutions: Downey Savings & Loan Association, Newport Beach and PFF Bank & Trust, Pomona" (Press release). FDIC. November 21, 2008. Retrieved November 22, 2008.
  30. ^ "United Bank Acquires All the Deposits of First Georgia Community Bank, Jackson, Georgia" (Press release). FDIC. December 5, 2008.
  31. ^ "BB&T Company Acquires All the Deposits of Haven Trust Bank, Duluth, Georgia" (Press release). FDIC. December 12, 2008.
  32. ^ "The Pecos County Bank Acquires All the Deposits of Sanderson State Bank, Sanderson, Texas" (Press release). FDIC. December 12, 2008.
  33. ^ Dash, Eric (October 3, 2008). "Wells Fargo to pay $15.1 billion for Wachovia". The New York Times.
  34. ^ a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad ae af ag ah ai aj ak al am an ao ap aq ar as at au av aw ax ay az ba bb bc bd be bf bg bh bi bj bk bl bm bn bo bp bq br bs bt bu bv bw bx by bz ca cb cc cd ce cf cg ch ci cj ck cl cm cn co cp cq cr cs ct cu cv cw cx cy cz da db dc dd de df dg dh di dj dk dl dm dn do dp dq dr ds dt du dv dw dx dy dz ea eb ec ed ee ef eg eh ei ej ek el "Bank Failures in Brief-2009". FDIC. January 11, 2013.
  35. ^ "Former Mastro property in Redmond sells for $3.5 million - Puget Sound Business Journal". Bizjournals.com. May 3, 2013. Retrieved January 19, 2014.
  36. ^ "Sharebuilders Federal Credit Union Closes" (Press release). NCUA. May 9, 2008. Retrieved October 12, 2008.
  37. ^ "NCUA Closes Green Tree Federal Credit Union" (Press release). NCUA. November 2, 2008. Retrieved October 12, 2008.
  38. ^ "Huron River Credit Union Liquidated; Members Now Served by Detroit Edison Credit Union" (Press release). NCUA. November 28, 2008. Retrieved October 12, 2008.
  39. ^ "NCUA Selects Public Service Credit Union to Absorb Norlarco" (Press release). NCUA. January 24, 2008. Retrieved October 12, 2008.
  40. ^ "St. Luke Baptist Federal Credit Union Closes" (Press release). NCUA. May 5, 2008. Retrieved October 12, 2008.
  41. ^ "Father Burke Federal Credit Union Closes" (Press release). NCUA. May 12, 2008. Retrieved October 12, 2008.
  42. ^ a b "NCUA Liquidates Sterlent and Cal State 9 Credit Unions; Patelco Credit Union Purchases and Assumes Credit Union Assets" (Press release). NCUA. July 1, 2008. Retrieved October 12, 2008.
  43. ^ "Meriden F.A. Federal Credit Union Closes" (Press release). NCUA. July 16, 2008. Retrieved October 12, 2008.
  44. ^ "New London Security FCU Closes" (Press release). NCUA. July 28, 2008. Retrieved October 12, 2008.
  45. ^ "CPM Federal Credit Union Now Serves Members of Liquidated Port Trust FCU" (Press release). NCUA. September 8, 2008. Retrieved October 12, 2008.
  46. ^ "Interfaith Federal Credit Union Closes" (Press release). NCUA. September 17, 2008. Retrieved October 12, 2008.
  47. ^ "Kaiperm Federal Credit Union Liquidated; Members Now Served by Alliant Credit Union" (Press release). NCUA. September 29, 2008. Retrieved October 12, 2008.
  48. ^ "TEXDOT-WF Credit Union Closes; Members Now Served by Postel Family Credit Union" (Press release). NCUA. October 3, 2008. Retrieved October 12, 2008.
  49. ^ "N&W Poca Division Federal Credit Union Closes" (Press release). NCUA. October 6, 2008. Retrieved October 12, 2008.
  50. ^ "West Hardford Credit Union Closes" (Press release). NCUA. October 6, 2008. Retrieved December 9, 2008.
  51. ^ "Valley Credit Union Closes" (Press release). NCUA. January 2, 2009. Retrieved January 13, 2009.
  52. ^ "Center Valley Credit Union Closes" (Press release). NCUA. February 16, 2009. Retrieved February 13, 2009.
  53. ^ a b "NCUA Conserves U.S. Central and Western Corporate Credit Unions" (Press release). NCUA. March 20, 2009. Archived from the original on March 22, 2009. Retrieved March 20, 2009.
  54. ^ "Eastern Financial Florida Credit Union placed into conservatorship" (Press release). NCUA. April 24, 2009. Retrieved May 31, 2009.
  55. ^ "Watts United Credit Union Closes" (Press release). NCUA. July 6, 2009. Retrieved July 24, 2009.
  56. ^ "One Federal Credit Union Closes" (Press release). NCUA. August 12, 2009. Archived from the original on August 15, 2009. Retrieved August 14, 2009.
  57. ^ "Free Choice Federal Credit Union Liquidated" (Press release). NCUA. August 28, 2009. Archived from the original on September 1, 2009. Retrieved September 26, 2009.
  58. ^ "Comunidades FCU Close" (Press release). NCUA. September 22, 2009. Archived from the original on September 1, 2009. Retrieved September 26, 2009.
  59. ^ "Keys Federal Credit Union Placed into Conservatorship" (Press release). NCUA. September 24, 2009. Archived from the original on September 1, 2009. Retrieved September 26, 2009.