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Global Commerce Bank Doraville Georgia March 2, 2012: Metro City Bank: 143.7 13 New City Bank Chicago Illinois March 9, 2012: None (Closed permanently by the FDIC) 71.2 14 Covenant Bank & Trust Rock Spring Georgia March 23, 2012: Stearns Bank, N.A. 95.7 15 Premier Bank Wilmette Illinois March 23, 2012: International Bank of Chicago 268.7 16 ...
Failed banks. Date closed. Northern Star Bank, Mankato, Minn. 12/19/2014. Frontier Bank (dba El Paseo Bank), Palm Desert, Calif. 11/07/2014. The National Republic Bank of Chicago
The number of bank failures has been tracked and published by the FDIC since 1934, and has decreased after a peak in 2010 due to the financial crisis of 2007–2008. [12] Since the year 2000, over 500 banks have failed. The 2010s saw the most bank failures in recent memory, with 367 banks collapsing over that decade.
$1.5 billion $2.1 billion First Bank of Beverly Hills Calabasas: California: 2009 $1.5 billion $2.1 billion 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 ...
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 ...
[16] [19] [20] IndyMac's failure is expected to cost the FDIC more about $9 billion. [12] Uninsured depositors have lost an estimated $270 million. [21] On September 15, 2008, Lehman Brothers, the 4th largest investment bank, filed for bankruptcy. The clients did a classic bank run, because the company had over $40 billion in assets in 2008.
The end of 2012 wouldn't seem right without another incredibly high fine for incredibly horrible banking behavior, so we should welcome the latest $1.5 billion fine that hit UBS for manipulating ...
Download as PDF; Printable version; In other projects Wikidata item; Appearance. move to sidebar hide. Help ... List of largest bank failures in the United States; 0–9.