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The receivership of Washington Mutual Bank by federal regulators on September 26, 2008, was the largest bank failure in U.S. history. Regulators simultaneously brokered the sale of most of the banks's assets to JPMorgan Chase , which planned to write down the value of Washington Mutual's loans at least $31 billion.
Failed banks. Date closed. Texas Community Bank, The Woodlands, Texas. 12/13/2013. Bank of Jackson County, Graceville, Fla. 10/30/2013. First National Bank, Edinburg ...
Credit Union. Date closed. Status. Bay Ridge Federal Credit Union, Brooklyn, NY. 10/01/2018. Merged. Good Street Baptist Church Federal Credit Union, Dallas
Panic of 1819, a U.S. recession with bank failures; culmination of U.S.'s first boom-to-bust economic cycle; Panic of 1825, a pervasive British recession in which many banks failed, nearly including the Bank of England; Panic of 1837, a U.S. recession with bank failures, followed by a 5-year depression; Panic of 1847, United Kingdom
Temecula Valley Bank Temecula: California: 2009 $1.5 billion $2.1 billion New South Federal Savings Bank Irondale: Alabama: 2009 $1.5 billion $2.1 billion Community Banks of Colorado Greenwood Village: Colorado: 2011 $1.4 billion $1.9 billion Horizon Bank Bellingham: Washington: 2010 $1.3 billion $1.8 billion Premier Bank Jefferson City ...
Most bank failures don't make front-page news, so many people don't know how often they happen. Recently, however, the second-biggest bank failure in American history dominated headlines as Silicon...
Commercial bank [31] [32] October 8, 2008: Glitnir: Icelandic Financial Supervisory Authority: Commercial bank [33] [34] October 9, 2008: Kaupthing Bank E: Icelandic Financial Supervisory Authority ING Direct United Kingdom: Commercial bank € 1.14 × 10 ^ 9 [35] [36] October 9, 2008: Bankwest (subsidiary of HBOS) Commonwealth Bank: Bank £ 1. ...
The two bank failures in 2024 were at Republic First Bank in Pennsylvania and First National Bank of Lindsay, Oklahoma. One credit union, Alliance Credit Union of Florida, also failed last year ...