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The Federal Deposit Insurance Corporation (FDIC) closed 465 failed banks from 2008 to 2012. [2] In contrast, in the five years prior to 2008, only 10 banks failed. [ 2 ] [ 3 ] At the end of 2022, the US banking industry had a total of about $620 billion in unrealized losses as a result of investments weakened by rising interest rates.
Charter Bank Santa Fe: New Mexico: 2010 $1.2 billion $1.7 billion Alliance Bank Culver City: California: 2009 $1.1 billion $1.6 billion City Bank Lynnwood: Washington: 2010 $1.1 billion $1.5 billion Columbia River Bank The Dalles: Oregon: 2010 $1.1 billion $1.5 billion Community Bank and Trust Cornelia: Georgia: 2010 $1.1 billion $1.5 billion ...
Bankrate’s list of all the failed banks in every U.S. state from 2009 to 2024. ... 2021, 2018, 2006 or 2005, when there were no banks closed. ... 2010 list of failed banks. Failed banks.
Bank, Mortgage lender [68] October 21, 2009: DSB Bank: Bank, Insurance [69] October 30, 2009: Cal National Bank: US Bancorp: Consumer and business bank [70] December 4, 2009: AmTrust Bank: New York Community Bank: Bank [71] [72] December 14, 2009: Hypo Real Estate: Government of Germany: Bank, Mortgage lender December 18, 2009: First Federal ...
The most recent closure was Mainstreet Savings Bank in Hastings, Mich., which reported $97.4 million in total assets and $63.7 million in total deposits. Commercial Bank in Alma, Mich has agreed ...
The Federal Deposit Insurance Corporation closed seven more banks on Apr. 30, bringing the total to 64 for the year. The day was particularly expensive, costing the agency just over $7 billion.
In the fall of 2010, major U.S. lenders such as JP Morgan Chase, [15] Ally Financial (formerly known as GMAC), and Bank of America [16] suspended judicial and non-judicial foreclosures across the United States over the potentially fraudulent practice of robo-signing.
Pages in category "Defunct banks of the United States" The following 200 pages are in this category, out of approximately 323 total. This list may not reflect recent changes .