2009 list of failed banks

This list shows the U.S. banks that failed in 2009.

Most of the banks are acquired, and the cost to the Deposit Insurance Fund, or DIF, which backs up the FDIC's promise to reimburse customers, is listed in the right column.

For more about how the FDIC is handling bank failures, "FDIC deals with mounting bank failures," and FDIC spokesman David Barr's interview with Bankrate.

To learn more about the FDIC's safety net, read our Special section.

Check out the list of banks that failed in 2010.

2009 list of failed banks
Failed bankDate closedEstimated cost to DIF ($millions)
First Federal Bank of California, Santa Monica, CA12/18/2009146.3
Imperial Capital Bank, La Jolla, CA12/18/2009619.2
Independent Bankers' Bank, Springfield, IL12/18/200968.4
New South Federal Savings Bank, Irondale, AL12/18/2009212.3
Citizens State Bank, New Baltimore, MI12/18/200976.6
Peoples First Community Bank, Panama City, FL12/18/2009556.7
RockBridge Commercial Bank, Atlanta, GA12/18/2009124.2
The Buckhead Community Bank, Atlanta, GA12/04/2009241.4
First Security National Bank, Norcross, GA12/04/200930.1
The Tattnall Bank, Reidsville, GA12/04/200913.9
AmTrust Bank, Cleveland, OH12/04/2009200
Benchmark Bank, Aurora, IL12/04/200964
Greater Atlantic Bank, Reston, VA12/04/200935
Commerce Bank of Southwest Florida, Fort Myers, FL11/20/200923.6
Pacific Coast National Bank, San Clemente, CA11/13/200927.4
Orion Bank, Naples, FL11/13/2009615
Century Bank, F.S.B., Sarasota, FL11/13/2009344
United Security Bank, Sparta, GA11/6/200958
Home Federal Savings Bank, Detroit, MI11/6/20095.4
Prosperan Bank, Oakdale, MN11/6/200960.1
Gateway Bank of St. Louis, St. Louis, MO11/6/20099.2
United Commercial Bank, San Francisco, CA11/6/20091,400
Bank USA, National Association, Phoenix, Arizona10/30/20092,500**
California National Bank, Los Angeles, California10/30/20092,500**
San Diego National Bank, San Diego, California10/30/20092,500**
Pacific National Bank, San Francisco, California10/30/20092,500**
Park National Bank, Chicago, Illinois10/30/20092,500**
Community Bank of Lemont, Lemont, Illinois10/30/20092,500**
North Houston Bank, Houston, Texas10/30/20092,500**
Madisonville State Bank, Madisonville, Texas10/30/20092,500**
Citizens National Bank, Teague, Texas10/30/20092,500**
First DuPage Bank, Westmont, IL10/23/200959
Riverview Community Bank, Otsego, MN10/23/200920
Bank of Elmwood, Racine, WI10/23/2009101.1
Flagship National Bank, Bradenton, FL10/23/200959
Hillcrest Bank Florida, Naples, FL10/23/200945
American United Bank, Lawrenceville, GA10/23/200944
Partners Bank, Naples, FL10/23/200928.6
San Joaquin Bank, Bakersfiled, CA10/16/2009103
Warren Bank, Warren, MI10/2/2009275
Jennings State Bank, Spring Grove, MN10/2/200911.7
Southern Colorado National Bank, Pueblo, CO10/2/20096.6
Georgian Bank, Atlanta, GA9/25/2009892
Irwin Union Bank, F.S.B., Louisville, KY*9/18/2009*850 for both
Irwin Union Bank and Trust Co., Columbus, IN*9/18/2009*850 for both
Corus Bank, National Association, Chicago, IL9/11/20091,700
Brickwell Community Bank, Woodbury, MN9/11/200922
Venture Bank, Lacy, WA9/11/2009298
First Bank of Kansas City, Kansas City, MO9/4/20096
InBank, Oak Forest, IL9/4/200966
Vantus Bank, Sioux City, IA9/4/2009168
Platinum Community Bank, Rolling Meadows, IL9/4/2009114.3
First State Bank, Flagstaff, AZ9/4/200947
Bradford Bank, Baltimore, MD8/28/200997
Mainstreet Bank, Forest Lake, MN8/28/200995
Affinity Bank, Ventura, CA8/28/2009254
eBank, Atlanta, GA8/21/200963
First Coweta Bank, Newman, GA8/21/200948
CapitalSouth Bank, Birmingham, AL8/21/2009151
Guaranty Bank, Austin, TX8/21/20093,000
Community Bank of Nevada, Las Vegas, NV8/14/2009781.5
Community Bank of Arizona, Phoenix, AZ8/14/200926
Union Bank, National Assoc., Gilbert, AZ8/14/200961
Colonial Bank, Montgomery, AL8/14/20092,800
Dwelling House Savings and Loan Assoc., Pittsburgh, PA8/14/20097
Community First Bank, Prineville, OR8/7/200945
Community National Bank of Sarasota County, Venice, FL8/7/200924
First State Bank, Sarasota, FL8/7/2009116
Mutual Bank, Harvey, IL7/31/2009696
First BankAmericano, Elizabeth, NJ7/31/200915
Peoples Community Bank, West Chester, OH7/31/2009130
First State Bank of Altus, Altus, OK7/31/200925
Integrity Bank, Jupiter, FL7/31/200946
Waterford Village Bank, Williamsville, NY7/24/20095.6
Security Bank of Jones County, Gray, GA7/24/2009807
Security Bank of Houston County, Perry, GA7/24/2009807
Security Bank of Bibb County, Macon, GA7/24/2009807
Security Bank of North Metro, Woodstock, GA7/24/2009807
Security Bank of North Fulton, Alpharetta, GA7/24/2009807
Security Bank of Gwinnett County, Suwanee, GA7/24/2009807
Temecula Valley Bank, Temecula, CA7/17/2009391
Vineyard Bank, Rancho Cucamonga, CA7/17/2009579
First Piedmont Bank, Winder, GA7/17/200929
BankFirst, Sioux Falls, SD7/17/200991
Bank of Wyoming, Thermopolis, WY7/10/200927
John Warner Bank, Clinton, IL7/2/200910
First State Bank of Winchester, Winchester, IL7/2/20096
Elizabeth State Bank, Elizabeth, IL7/2/200911.2
First National Bank of Danville, Danville, IL7/2/200924
Rock River Bank, Oregon, IL7/2/200927.6
Millennium State Bank of Texas, Dallas, TX7/2/200947
Founders Bank, Worth, IL7/2/2009188.5
Mirae Bank, Los Angeles, CA6/26/200950
MetroPacific Bank, Irvine, CA6/26/200929
Horizon Bank, Pine City, MN6/26/200933.5
Neighborhood Community Bank, Newnan, GA6/26/200966.7
Community Bank of West Georgia, Villa Rica, GA6/26/200985
First National Bank of Anthony, Anthony, KS6/19/200932.2
Cooperative Bank, Wilmington, NC6/19/2009217
Southern Community Bank, Fayetteville, GA6/19/2009114
Bank of Lincolnwood, Lincolnwood, IL6/5/200983
Citizens National Bank, Macomb, IL5/22/2009106
Strategic Capital Bank, Champaign, IL5/22/2009173
BankUnited, Coral Gables, FL5/21/20094,900
Westsound Bank, Bremerton, WA5/8/2009108
America West Bank, Layton, UT5/1/2009119.4
Citizens Community Bank, Ridgewood, NJ5/1/200918.1
Silverton Bank, Atlanta, GA5/1/20091,003
First Bank of Idaho, Ketchum, ID4/24/2009191.2
First Bank of Beverly Hills, CA4/24/2009394
Michigan Heritage Bank, Farmington Hills, MI4/24/200971.3
American Southern Bank, Kennesaw, GA4/24/200941.9
Great Basin Bank, Elko, NV4/17/200942
American Sterling Bank, Sugar Creek, MO4/17/200942
New Frontier Bank, Greeley, CO4/10/2009670
Cape Fear Bank, Wilmington, NC4/10/2009131
Omni National Bank, Atlanta, GA3/27/2009290
FirstCity Bank, Stockbridge, GA3/20/2009100
Colorado National Bank, Colorado Springs, CO3/20/20099
Teambank, N.A., Paola, KA3/20/200998
Freedom Bank of Georgia, Commerce, GA3/6/200936.2
Security Savings Bank, Henderson, NV2/27/200959.1
Heritage Community Bank, Glenwood, IL2/27/200941.6
Silver Falls Bank, Silverton, OR2/20/200950
Pinnacle Bank, Beaverton, OR2/13/200912.1
Corn Belt Bank & Trust, Pittsfield, IL2/13/2009100
Riverside Bank of the Gulf Coast, Cape Coral, FL2/13/2009201.5
Sherman County Bank, Loup City, NE2/13/200928
County Bank, Merced, CA2/6/2009135
Alliance Bank, Culver City, CA2/6/2009206
FirstBank Financial Services, McDonough, GA2/6/2009111
Ocala NB, Ocala, FL1/30/200999.6
Suburban FSB, Crofton, MD1/30/2009126
Magnet Bank, Salt Lake City, UT1/30/2009119.4
1st Centennial Bank, Redlands, CA1/23/2009227
Bank of Clark County, Vancouver, WA1/16/2009120 - 145
National Bank of Commerce, Berkely, IL1/16/200997.1
** Nine banks were closed by the FDIC on 10/30/09. They were subsidiaries of FBOP Corporation, Oak Park, Illinois. The estimated cost to the DIF for all nine is $2.5 billion. US Bank of Minneapolis is assuming all of the deposits.



Show Bankrate's community sharing policy
          Connect with us

Ask Dr. Don

Use bonds for school, avoid tax?

Dear Dr. Don, This is a bad news, good news situation that I'm asking about. I just received several Series EE and Series I savings bonds. I am the so-called payable-on-death beneficiary on the bonds. My mom, who purchased... Read more


Connect with us