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FDIC Failed Bank List

April 2nd, 2009 by Kenneth Long

The Federal Deposit Insurance Corporation (FDIC) provides protection to bank account holders when the banks fail. In some cases, the bank must be taken over if federal regulators believe that the bank has become insolvent. The FDIC has released a list of these banks (Updated July 22, 2009).

The number of bank failures has skyrocketed in the midst of the economic crisis that has caused a global recession. Loan defaults and rising unemployment have battered the loan portfolios of banks, many of whom are unable to absorb the rising losses.

This list of bank failures released by the FDIC contains links that provide more information about how the FDIC is proceeding as receiver of each of these failed banks. You can find out more about how the process is progressing as well as whether any outside bank has absorbed part of the client base of the failed bank. Here is the list of bank failures since October 1, 2000:

Bank Name

Closing Date

Temecula Valley Bank, Temecula, CA July 17, 2009
Vineyard Bank, Rancho Cucamonga, CA July 17, 2009
BankFirst, Sioux Falls, SD July 17, 2009
First Piedmont Bank, Winder, GA July 17, 2009
Bank of Wyoming, Thermopolis, WY July 10, 2009
Founders Bank, Worth, IL July 2, 2009
Millennium State Bank, Dallas, TX July 2, 2009
John Warner Bank, Clinton, IL July 2, 2009
First National Bank of Danville, Danville, IL July 2, 2009
Elizabeth State Bank, Elizabeth, IL July 2, 2009
Rock River Bank, Oregon, IL July 2, 2009
First State Bank of Winchester, Winchester, IL July 2, 2009
John Warner Bank, Clinton, IL July 2, 2009
Mirae Bank, Los Angeles, CA June 26, 2009
MetroPacific Bank June 26, 2009
Horizon Bank, Pine City, MN June 26, 2009
Neighborhood Community Bank, Newnan, GA June 26, 2009
Community Bank of West Georgia, Villa Rica, GA June 26, 2009
First National Bank of Anthony, Anthony, KS June 19, 2009
Cooperative Bank, Wilmington, NC June 19, 2009
Southern Community Bank, Fayetteville, GA June 19, 2009
Bank of Lincolnwood, Lincolnwood, IL June 5, 2009
Citizens National Bank, Macomb, IL May 22, 2009
Strategic Capital Bank, Champaign, IL May 22, 2009
BankUnited, FSB, Coral Gables, FL May 21, 2009
Westsound Bank, Bremerton, WA May 8, 2009
America West Bank, Lawton, UT May 1, 2009
Citizens Community Bank, Ridgewood, NJ May 1, 2009
Silverton Bank, N.A., Atlanta, GA May 1, 2009
First Bank of Idaho, Ketchum, ID April 24, 2009
First Bank of Beverly Hills, Calabasas, CA April 24, 2009
Heritage Bank, Farmington Hills, MI April 24, 2009
American Southern Bank, Kennesaw, GA April 24, 2009
Great Basin Bank of Nevada, Elko, NV April 17, 2009
American Sterling Bank, Sugar Creek, MO April 17, 2009
New Frontier Bank, Greeley, CO April 10, 2009
Cape Fear Bank, Wilmington, NC April 10, 2009
Omni National Bank, Atlanta, GA March 27, 2009
TeamBank, National Association, Paola, KS March 20, 2009
Colorado National Bank, Colorado Springs, CO March 20, 2009
FirstCity Bank, Stockbridge, GA March 20, 2009
Freedom Bank of Georgia, Commerce, GA March 6, 2009
Security Savings Bank, Henderson, NV February 27, 2009
Heritage Community Bank, Glenwood, IL February 27, 2009
Silver Falls Bank, Silverton, OR February 20, 2009
Pinnacle Bank of Oregon, Beaverton, OR February 13, 2009
Corn Belt Bank and Trust Company, Pittsfield, IL February 13, 2009
Riverside Bank of the Gulf Coast, Cape Coral, FL February 13, 2009
Sherman County Bank, Loup City, NE February 13, 2009
County Bank, Merced, CA February 6, 2009
Alliance Bank, Culver City, CA February 6, 2009
FirstBank Financial Services, McDonough, GA February 6, 2009
Ocala National Bank, Ocala, FL January 30, 2009
Suburban Federal Savings Bank, Crofton, MD January 30, 2009
MagnetBank, Salt Lake City, UT January 30, 2009
1st Centennial Bank, Redlands, CA January 23, 2009
Bank of Clark County, Vancouver, WA January 16, 2009
National Bank of Commerce, Berkeley, IL January 16, 2009
Sanderson State Bank, Sanderson, TX
En Español
December 12, 2008
Haven Trust Bank, Duluth, GA December 12, 2008
First Georgia Community Bank, Jackson, GA December 5, 2008
PFF Bank and Trust, Pomona, CA November 21, 2008
Downey Savings and Loan, Newport Beach, CA November 21, 2008
The Community Bank, Loganville, GA November 21, 2008
Security Pacific Bank, Los Angeles, CA November 7, 2008
Franklin Bank, SSB, Houston, TX November 7, 2008
Freedom Bank, Bradenton, FL October 31, 2008
Alpha Bank & Trust, Alpharetta, GA October 24, 2008
Meridian Bank, Eldred, IL October 10, 2008
Main Street Bank, Northville, MI October 10, 2008
Washington Mutual Bank, Henderson, NV and Washington Mutual Bank FSB, Park City, UT September 25, 2008
Ameribank, Northfork, WV September 19, 2008
Silver State Bank, Henderson, NV
En Español
September 5, 2008
Integrity Bank, Alpharetta, GA August 29, 2008
The Columbian Bank and Trust, Topeka, KS August 22, 2008
First Priority Bank, Bradenton, FL August 1, 2008
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
Miami Valley Bank, Lakeview, OH October 4, 2007
NetBank, Alpharetta, GA September 28, 2007
Metropolitan Savings Bank, Pittsburgh, PA February 2, 2007
Bank of Ephraim, Ephraim, UT June 25, 2004
Reliance Bank, White Plains, NY March 19, 2004
Guaranty National Bank of Tallahassee, Tallahassee, FL March 12, 2004
Dollar Savings Bank, Newark, NJ February 14, 2004
Pulaski Savings Bank, Philadelphia, PA November 14, 2003
The First National Bank of Blanchardville,
Blanchardville, WI
May 9, 2003
Southern Pacific Bank, Torrance, CA February 7, 2003
The Farmers Bank of Cheneyville, Cheneyville, LA December 17, 2002
The Bank of Alamo, Alamo, TN November 8, 2002
AmTrade International Bank of Georgia, Atlanta, GA
En Español
September 30, 2002
Universal Federal Savings Bank, Chicago, IL June 27, 2002
Connecticut Bank of Commerce, Stamford, CT June 26, 2002
New Century Bank, Shelby Township, MI March 28, 2002
Net 1st National Bank, Boca Raton, FL March 1, 2002
NextBank, N.A., Phoenix, AZ February 7, 2002
Oakwood Deposit Bank Company, Oakwood, OH February 1, 2002
Bank of Sierra Blanca, Sierra Blanca, TX January 18, 2002
Hamilton Bank, N.A., Miami, FL
En Español
January 11, 2002
Sinclair National Bank, Gravette, AR September 7, 2001
Superior Bank, FSB, Hinsdale, IL July 27, 2001
The Malta National Bank, Malta, OH May 3, 2001
First Alliance Bank & Trust Company, Manchester, NH February 2, 2001
National State Bank of Metropolis, Metropolis, IL December 14, 2000
Bank of Honolulu, Honolulu, HI October 13, 2000

This entry was posted on Thursday, April 2nd, 2009 at 9:25 am and is filed under Consumer Protection, Financial News, Saving and Investing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 responses about “FDIC Failed Bank List”

  1. Pravin said:

    2 more banks failed this week.

    50 banks failed since 2008, 25 each in 2008 and 2009 till now.

    Friday means FDIC is in action on some bank.

    Last week also FDIC closed 2 banks.

    “American Sterling Bank,Sugar Creek, MO” and “Great Basin Bank of Nevada, Elko, NV” were closed on Friday making the count to 25 for this year and 50 since start of 2008 for the failed banks in US.

    # 25th bank to fail this year
    # 50th bank failed since 2008
    # 5th bank in Nevada since 2008 and 2nd this year

    Check the list of all the failed banks at :
    http://portalseven.com/Failed-Banks-2009

    And on google map see where the banks are failing at :
    http://portalseven.com/finance/Failed_Banks_Map_2009.jsp

    Also layoff tracker at :
    http://portalseven.com/finance/FinanceHome.jsp

    Do check it.

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