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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.
Hamilton Bank Miami: Florida: 2002 $1.3 billion $2.2 billion Community Bank of Nevada Las Vegas: Nevada: 2009 $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 ...
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
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 ...
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...
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 ...
Retail and mortgage bank £ 1.26 × 10 ^ 9 [11] August 26, 2008: Roskilde Bank: Danmarks Nationalbank (Danish Central Bank) Retail bank $ 896,800,000 (kr4,500,000,000) [12] September 5, 2008: Silver State Bank: Federal Deposit Insurance Corporation: Commercial bank [13] September 7, 2008: Fannie Mae and Freddie Mac: Federal Housing Finance ...
Well, the numbers appear to be in: The bank total failure for 2009 stands at 140. So what exactly does that mean? Let's take a look. It was a bad year for banks, but it could have been worse. In ...