Check out this list to find out information about every bank that has failed this year in Kentucky.
Most of the banks are acquired, and the cost to the Deposit Insurance Fund, or DIF, which backs up the Federal Deposit Insurance Corp.’s promise to reimburse customers, is shown in the right column.
|Failed banks||Date closed||Estimated cost to DIF ($millions)|
|First Federal Bank, Lexington||4/19/2013||9,700,000.00|
|Irwin Union Bank, F.S.B., Louisville*||9/18/2009||850,000,000.00|
|* FDIC closed both Irwin Union Bank institutions Sept. 18, 2009, and estimated the total cost to the DIF at $850,000,000.|
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