Bank failures happen from time to time. That’s why it’s so important to make sure that your hard-earned money is protected.
The best way to do that is banking with a Federal Deposit Insurance Corp. (FDIC) bank and within FDIC insurance limits and guidelines. Doing this will help you rest easy since no depositor has lost a penny of FDIC-insured funds since 1933.
Here’s an overview of how often banks have failed since 2009. Usually there are at least a few bank failures each year, which is normal. It’s rare for there to be a year like 2018, when there weren’t any bank failures.
There’s been just one bank failure since the coronavirus crisis started. The April 3 failure of The First State Bank, which was based in Barboursville, West Virginia, was not necessarily a result of the worldwide pandemic though as the bank had been facing financial difficulties since 2015.
Bank failures since 2009
| Year | Bank failure cost to DIF | Total number of bank failures: 509 |
|---|---|---|
| 2020 (estimated) | $60.9 million | 2 |
| 2019 (estimated) | $36.2 million | 4 |
| 2018 (estimated) | $0 | 0 |
| 2017 (estimated) | $1.307 billion | 8 |
| 2016 (estimated) | $9.6 million | 5 |
| 2015 (estimated) | $894 million | 8 |
| 2014 (estimated) | $398.8 million | 18 |
| 2013 (estimated) | $1.165 billion | 24 |
| 2012 (estimated) | $2.785 billion | 51 |
| 2011 (official) | $7.945 billion | 92 |
| 2010 (official) | $22.904 billion | 157 |
| 2009 (official) | $38.732 billion | 140 |
Source: Federal Deposit Insurance Corp.
2020 list of failed banks
| Failed banks | Date closed | Estimated cost to DIF ($ millions) |
|---|---|---|
| The First State Bank | 04/03/2020 | 46.8 |
| Ericson State Bank | 02/14/2020 | 14.1 |
2019 list of failed banks
| Failed banks | Date closed | Estimated cost to DIF ($ millions) |
|---|---|---|
| City National Bank of New Jersey | 11/1/2019 | 2.5 |
| Resolute Bank | 10/25/2019 | 2.2 |
| Louisa Community Bank | 10/25/2019 | 4.5 |
| The Enloe State Bank | 05/31/2019 | 27 |
2018 list of failed banks
| Failed banks | Date closed | Estimated cost to DIF ($ millions) |
|---|---|---|
| None | N/A | N/A |
2017 list of failed banks
| Failed banks | Date closed | Estimated cost to DIF ($ millions) |
|---|---|---|
| Washington Federal Bank for Savings | 12/15/2017 | 60.5 |
| The Farmers and Merchants State Bank of Argonia | 10/13/2017 | 2.6 |
| Fayette County Bank | 05/26/2017 | 10.0 |
| Guaranty Bank, (d/b/a BestBank in Georgia & Michigan) | 05/05/2017 | 146.4 |
| First NBC Bank | 04/28/2017 | 996.9 |
| Proficio Bank | 03/03/2017 | 11.0 |
| Seaway Bank and Trust Company | 01/27/2017 | 57.2 |
| Harvest Community Bank | 01/13/2017 | 22.3 |
2016 list of failed banks
| Failed banks | Date closed | Estimated cost to DIF ($ millions) |
|---|---|---|
| Allied Bank | 09/23/2016 | 6.9 |
| The Woodbury Banking Company | 08/19/2016 | 5.2 |
| First CornerStone Bank | 05/06/2016 | 10.8 |
| Trust Company Bank | 04/29/2016 | 7.2 |
| North Milwaukee State Bank, Milwaukee | 03/11/2016 | 9.6 |
2015 list of failed banks
| Failed banks | Date closed | Estimated cost to DIF ($ millions) |
|---|---|---|
| Hometown National Bank, Longview, WA | 10/02/2015 | 1.6 |
| The Bank of Georgia, Peachtree City, GA | 10/02/2015 | 23.2 |
| Premier Bank, Denver | 07/10/2015 | 4.4 |
| Republic Bank of Chicago, Chicago | 05/08/2015 | 16.8 |
| Doral Bank En Espanol, San Juan, Puerto Rico | 02/27/2015 | 748.9 |
| Capitol City Bank & Trust Company, Atlanta | 02/13/2015 | 88.9 |
| Highland Community Bank, Chicago | 01/23/2015 | 5.8 |
| First National Bank of Crestview, Crestview, FL | 01/16/2015 | 4.4 |
2014 list of failed banks
| Failed banks | Date closed | Estimated cost to DIF ($ millions) |
|---|---|---|
| Northern Star Bank, Mankato, MN | 12/19/2014 | 5.9 |
| Frontier Bank, FSB D/B/A El Paseo Bank, Palm Desert, CA | 11/07/2014 | 4.7 |
| The National Republic Bank of Chicago, Chicago | 10/24/2014 | 111.6 |
| NBRS Financial, Rising Sun, MD | 10/17/2014 | 24.3 |
| GreenChoice Bank, Chicago | 07/25/2014 | 14.2 |
| Eastside Commercial Bank, Conyers, GA | 07/18/2014 | 33.9 |
| The Freedom State Bank, Freedom, OK | 06/27/2014 | 5.8 |
| Valley Bank, Fort Lauderdale, FL | 06/20/2014 | 7.7 |
| Valley Bank, Moline, IL | 06/20/2014 | 51.4 |
| Slavie Federal Savings Bank, Bel Air, MD | 05/30/2014 | 6.6 |
| Columbia Savings Bank, Cincinnati | 05/23/2014 | 5.3 |
| AztecAmerica Bank, Berwyn, IL | 05/16/2014 | 18.0 |
| Allendale County Bank, Fairfax, SC | 04/25/2014 | 17.1 |
| Millennium Bank, National Association, Sterling, VA | 02/28/2014 | 7.7 |
| Vantage Point Bank, Horsham, PA | 02/28/2014 | 8.5 |
| Syringa Bank, Boise, ID | 01/31/2014 | 4.5 |
| The Bank of Union, El Reno, OK | 01/24/2014 | 70 |
| DuPage National Bank, West Chicago | 01/17/2014 | 1.6 |
2013 list of failed banks
| Failed banks | Date closed | Estimated cost to DIF ($ millions) |
|---|---|---|
| Texas Community Bank, National Association, The Woodlands, TX | 12/13/2013 | 10.8 |
| Bank of Jackson County, Graceville, FL | 10/30/2013 | 5.1 |
| The Community’s Bank, Bridgeport, CT | 9/13/2013 | 7.8 |
| First National Bank, Edinburg, TX | 9/13/2013 | 637.5 |
| Sunrise Bank of Arizona, Phoenix, AZ | 8/23/2013 | 17 |
| Community South Bank, Parsons, TN | 8/23/2013 | 72.5 |
| Bank of Wausau, Wausau, WI | 8/9/2013 | 13.5 |
| First Community Bank of Southwest Florida (also operating as Community Bank of Cape Coral), Ft. Myers, FL | 8/2/2013 | 27.1 |
| Mountain National Bank, Sevierville, TN | 6/7/2013 | 33.5 |
| 1st Commerce Bank, North Las Vegas, NV | 6/6/2013 | 9.4 |
| Banks of Wisconsin (dba Bank of Kenosha), Kenosha, WI | 5/31/2013 | 26.3 |
| Central Arizona Bank, Scottsdale, AZ | 5/14/2013 | 8.6 |
| Sunrise Bank, Valdosta, GA | 5/10/2013 | 17.3 |
| Pisgah Community Bank, Asheville, NC | 5/10/2013 | 8.9 |
| Parkway Bank, Lenoir, NC | 4/26/2013 | 18.1 |
| Douglas County Bank, Douglasville, GA | 4/26/2013 | 86.4 |
| Chipola Community Bank, Marianna, FL | 4/19/2013 | 10.3 |
| Heritage Bank of North Florida, Orange Park, FL | 4/19/2013 | 30.2 |
| First Federal Bank, Lexington, KY | 4/19/2013 | 9.7 |
| Gold Canyon Bank, Gold Canyon, AZ | 4/5/2013 | 11.2 |
| Frontier Bank, LaGrange, GA | 3/8/2013 | 51.6 |
| Covenant Bank, Chicago, IL | 2/15/2013 | 21.8 |
| 1st Regents Bank, Andover, MN | 1/18/2013 | 10.5 |
| Westside Community Bank, University Place, WA | 1/1/2013 | 20.3 |
2012 list of failed banks
| Failed banks | Date closed | Estimated cost to DIF ($ millions) |
|---|---|---|
| Community Bank of the Ozarks, Sunrise Beach, MO | 12/14/2012 | 10.4 |
| Hometown Community Bank, Braselton, GA | 11/16/2012 | 36.7 |
| Citizens First National Bank, Princeton, IL | 11/2/2012 | 45.2 |
| Heritage Bank of Florida, Lutz, FL | 11/2/2012 | 65.5 |
| NOVA Bank, Berwyn, PA | 10/26/2012 | 91.2 |
| GulfSouth Private Bank, Destin, FL | 10/19/2012 | 36.1 |
| First East Side Savings Bank, Tamarac, FL | 10/19/2012 | 9.1 |
| Excel Bank, Sedalia, MO | 10/19/2012 | 40.9 |
| First United Bank, Crete, IL | 9/28/2012 | 48.6 |
| Truman Bank, St. Louis, MO | 9/14/2012 | 34.0 |
| First Commercial Bank, Bloomington, MN | 9/7/2012 | 63.9 |
| Waukegan Savings Bank, Waukegan, IL | 8/3/2012 | 19.8 |
| Jasper Banking Company, Jasper, GA | 7/27/2012 | 58.1 |
| Royal Palm Bank, Naples, FL | 7/20/2012 | 13.5 |
| Georgia Trust Bank, Buford, GA | 7/20/2012 | 20.9 |
| First Cherokee State Bank, Woodstock, GA | 7/20/2012 | 36.9 |
| Heartland Bank, Leawood, KS | 7/20/2012 | 3.1 |
| Second Federal Savings and Loan Association of Chicago, Chicago, IL | 7/20/2012 | 76.9 |
| Glasgow Savings Bank, Glasgow, MO | 7/13/2012 | 0.1 |
| Montgomery Bank & Trust, Ailey, GA | 7/6/2012 | 75.2 |
| Farmers Bank of Lynchburg, Lynchburg, TN | 6/15/2012 | 28.3 |
| Security Exchange Bank, Marietta, GA | 6/15/2012 | 34.3 |
| Putnam State Bank, Palatka, FL | 6/15/2012 | 37.4 |
| Waccamaw Bank, Whiteville, NC | 6/8/2012 | 51.1 |
| Farmers and Traders State Bank, Shabbona, IL | 6/8/2012 | 8.9 |
| Carolina Federal Savings Bank, Charleston, SC | 6/8/2012 | 15.2 |
| First Capital Bank, Kingfisher, OK | 6/8/2012 | 5.6 |
| Alabama Trust Bank, National Association, Sylacuaga, AL | 5/18/2012 | 8.9 |
| Security Bank, National Association, North Lauderdale, FL | 5/4/2012 | 10.8 |
| Palm Desert National Bank, Palm Desert, CA | 4/27/2012 | 20.1 |
| Plantation Federal Bank, Pawleys Island, SC | 4/27/2012 | 76.0 |
| Inter Savings Bank, Maple Grove, MN | 4/27/2012 | 117.5 |
| HarVest Bank of Maryland, Gaithersburg, MD | 4/27/2012 | 17.2 |
| Bank of the Eastern Shore, Cambridge, MD | 4/27/2012 | 41.8 |
| Fort Lee Federal Saving Bank, FSB, Fort Lee, NJ | 4/20/2012 | 14.0 |
| Fidelity Bank, Dearborn, MI | 3/30/2012 | 92.8 |
| International Bank of Chicago, Chicago, IL | 3/23/2012 | 64.1 |
| Covenant Bank & Trust, Rock Spring, GA | 3/23/2012 | 31.5 |
| New City Bank, Chicago, IL | 3/9/2012 | 17.4 |
| Global Commerce Bank, Doraville, GA | 3/2/2012 | 17.9 |
| Home Savings of America, Little Falls, MN | 2/24/2012 | 38.8 |
| Central Bank of Georgia, Ellaville, GA | 2/24/2012 | 67.5 |
| Charter National Bank and Trust, IL | 2/10/2012 | 17.4 |
| SCB Bank, Shelbyville, IN | 2/10/2012 | 33.9 |
| BankEast, Knoxville, TN | 1/27/2012 | 75.6 |
| Patriot Bank Minnesota, Forest Lake, MN | 1/27/2012 | 32.6 |
| First Guaranty Bank and Trust Company of Jacksonville, Jacksonville, FL | 1/27/2012 | 82.0 |
| Tennessee Commerce Bank, Franklin, TN | 1/27/2012 | 416.8 |
| American Eagle Savings Bank, Boothwyn, PA | 1/20/2012 | 3.2 |
| The First State Bank, Stockbridge, GA | 1/20/2012 | 216.2 |
| Central Florida State Bank, Belleview, FL | 1/20/2012 | 24.4 |
2011 list of failed banks
| Failed banks | Date closed | Estimated cost to DIF ($ millions) |
|---|---|---|
| Premier Community Bank of the Emerald Coast, Crestview, FL | 12/16/2011 | 31.2 |
| Western National Bank, Phoenix, AZ | 12/16/2011 | 37.6 |
| Polk County Bank, Johnston, IA | 11/18/2011 | 12.0 |
| Central Progressive Bank, Lacombe, LA | 11/18/2011 | 58.1 |
| Community Bank of Rockmart, Rockmart, GA | 11/10/2011 | 14.5 |
| Mid City Bank, Inc., Omaha, NE | 11/4/2011 | 12.7 |
| SunFirst Bank, St. George, UT | 11/4/2011 | 49.7 |
| All American Bank, Des Plaines, IL | 10/28/2011 | 6.5 |
| Decatur First Bank, Decatur, GA | 10/21/2011 | 32.6 |
| Old Harbor Bank, Clearwater, FL | 10/21/2011 | 39.3 |
| Community Capital Bank, Jonesboro, GA | 10/21/2011 | 62.0 |
| Community Banks of Colorado, Greenwood Village, CO | 10/21/2011 | 224.9 |
| Blue Ridge Savings Bank, Asheville, NC | 10/14/2011 | 38.0 |
| Piedmont Community Bank, Gray, GA | 10/14/2011 | 71.6 |
| First State Bank, Cranford, NJ | 10/14/2011 | 45.8 |
| Country Bank, Aledo, IL | 10/14/2011 | 66.3 |
| The RiverBank, Wyoming, MN | 10/07/2011 | 71.4 |
| Sun Security Bank, Ellington, MO | 10/07/2011 | 118.3 |
| First International Bank, Plano, TX | 9/30/2011 | 53.8 |
| Bank of the Commonwealth, Norfolk, VA | 9/23/2011 | 268.3 |
| Citizens Bank of Northern California, Nevada City, CA | 9/23/2011 | 37.2 |
| First National Bank of Florida, Milton, FL | 9/09/2011 | 46.9 |
| CreekSide Bank, Woodstock, GA | 9/02/2011 | 27.3 |
| Patriot Bank of Georgia, Cumming, GA | 9/02/2011 | 44.4 |
| Public Savings Bank, Huntingdon Valley, PA | 8/18/2011 | 11.0 |
| Lydian Private Bank, Palm Beach, FL | 8/19/2011 | 293.2 |
| First Choice Bank, Geneva, IL | 8/19/2011 | 31.0 |
| First Southern National Bank, Statesboro, GA | 8/19/2011 | 39.6 |
| The First National Bank of Olathe, Olathe, KS | 8/12/2011 | 116.6 |
| Bank of Shorewood, Shorewood, IL | 8/5/2011 | 25.6 |
| Bank of Whitman, Colfax, WA | 8/5/2011 | 134.8 |
| Integra Bank, Evansville, IN | 7/29/2011 | 170.7 |
| BankMeridian, Columbia, SC | 7/29/2011 | 65.4 |
| Virginia Business Bank, Richmond, VA | 7/22/2011 | 17.3 |
| Southshore Community Bank, Apollo Beach, FL | 7/22/2011 | 8.3 |
| Landmark Bank of Florida, Sarasota, FL | 7/22/2011 | 34.4 |
| Bank of Choice, Greeley, CO | 7/22/2011 | 213.6 |
| High Trust Bank, Stockbridge, GA | 7/15/2011 | 66.0 |
| One Georgia Bank, Atlanta, GA | 7/15/2011 | 44.4 |
| First Peoples Bank, Port St. Lucie, FL | 7/15/2011 | 7.4 |
| Summit Bank, Prescott, AZ | 7/15/2011 | 11.3 |
| Signature Bank, Windsor, CO | 7/8/2011 | 22.3 |
| Colorado Capital Bank, Castle Rock, CO | 7/8/2011 | 283.8 |
| First Chicago Bank and Trust, Chicago, IL | 7/8/2011 | 284.3 |
| Mountain Heritage Bank, Clayton, GA | 6/24/2011 | 41.1 |
| First Commercial Bank of Tampa Bay, Tampa, FL | 6/17/2011 | 28.5 |
| McIntosh State Bank, Jackson, GA | 6/17/2011 | 80.0 |
| Atlantic Bank and Trust, Charleston, SC | 6/3/2011 | 36.4 |
| First Heritage Bank, Snohomish, WA | 5/27/2011 | 34.9 |
| First Georgia Banking Company, Franklin, GA | 5/20/2011 | 156.5 |
| Summit Bank, Burlington, WA | 5/20/2011 | 15.7 |
| Atlantic Southern Bank, Macon, GA | 5/20/2011 | 273.5 |
| Coastal Bank, Cocoa Beach, FL | 5/6/2011 | 13.4 |
| Community Central Bank, Mount Clemens, MI | 4/29/2011 | 183.2 |
| The Park Avenue Bank, Valdosta, GA | 4/29/2011 | 306.1 |
| Cortez Community Bank, Brooksville, FL | 4/29/2011 | 18.6 |
| First National Bank of Central Florida, Winter Park, FL | 4/29/2011 | 42.9 |
| First Choice Community Bank, Dallas, GA | 4/29/2011 | 92.4 |
| Heritage Banking Group, Carthage, MS | 4/15/2011 | 49.1 |
| Rosemount National Bank, Rosemount, MN | 4/15/2011 | 3.6 |
| Nexity Bank, Birmingham, AL | 4/15/2011 | 175.4 |
| New Horizons Bank, East Elljay, GA | 4/15/2011 | 30.9 |
| Bartow County Bank, Cartersville, GA | 4/15/2011 | 69.5 |
| Superior Bank, Birmingham, AL | 4/15/2011 | 259.6 |
| Western Springs National Bank and Trust, Western Springs, IL | 4/8/2011 | 31.0 |
| Nevada Commerce Bank, Las Vegas, NV | 4/8/2011 | 31.9 |
| The Bank of Commerce, Wood Dale, IL | 3/25/2011 | 41.9 |
| Legacy Bank, Milwaukee, WI | 3/11/2011 | 43.5 |
| First National Bank of Davis, Davis, OK | 3/11/2011 | 26.5 |
| Valley Community Bank, St. Charles, IL | 2/25/2011 | 22.8 |
| San Luis Trust Bank, FSB, San Luis Obispo, CA | 2/18/2011 | 96.1 |
| Charter Oaks Bank, Napa, CA | 2/18/2011 | 21.8 |
| Citizens Bank of Effingham, Springfield, GA | 2/18/2011 | 59.4 |
| Habersham Bank, Clarksville, GA | 2/18/2011 | 90.3 |
| Canyon National Bank, Palm Springs, CA | 2/11/2011 | 10.0 |
| Badger State Bank, Cassville, WI | 2/11/2011 | 17.5 |
| Peoples State Bank, Hamtramck, MI | 2/11/2011 | 87.4 |
| Sunshine State Community Bank, Port Orange, FL | 2/11/2011 | 30.0 |
| Community First Bank Chicago, Chicago, IL | 2/4/2011 | 11.7 |
| North Georgia Bank, Watkinsville, GA | 2/4/2011 | 35.2 |
| American Trust Bank, Roswell, GA | 2/4/2011 | 71.5 |
| First Community Bank, Taos, NM | 1/28/2011 | 260.0 |
| FirsTier Bank, Louisville, CO | 1/28/2011 | 242.6 |
| Evergreen State Bank, Stoughton, WI | 1/28/2011 | 22.8 |
| The First State Bank, Camargo, OK | 1/28/2011 | 20.1 |
| United Western Bank, Denver, CO | 1/21/2011 | 312.8 |
| The Bank of Asheville, Asheville, NC | 1/21/2011 | 56.2 |
| CommunitySouth Bank and Trust, Easley, SC | 1/21/2011 | 46.3 |
| Enterprise Banking Company, McDonough, GA | 1/21/2011 | 39.6 |
| Oglethorpe Bank, Brunswick, GA | 1/14/2011 | 80.4 |
| Legacy Bank, Scottsdale, AZ | 1/7/2011 | 27.9 |
| First Commercial Bank of Florida, Orlando, FL | 1/7/2011 | 78.0 |
2010 list of failed banks
| Failed banks | Date closed | Estimated cost to DIF ($ millions) |
|---|---|---|
| Community National Bank, Lino Lakes, MN | 12/17/2010 | 3.7 |
| First Southern Bank, N.A., Batesville, AR | 12/17/2010 | 22.8 |
| United Americas Bank, N.A., Atlanta, GA | 12/17/2010 | 75.8 |
| Appalachian Community Bank, FSB, McCaysville, GA | 12/17/2010 | 26 |
| Chestatee State Bank, Dawsonville, GA | 12/17/2010 | 75.3 |
| The Bank of Miami, N.A., Coral Gables, FL | 12/17/2010 | 64 |
| Earthstar Bank, Southampton, PA | 12/10/2010 | 22.9 |
| Paramount Bank, Farmington Hills, MI | 12/10/2010 | 90.2 |
| First Banking Center, Burlington, WI | 11/19/2010 | 142.6 |
| Allegiance Bank of North America, Bala Cynwyd, PA | 11/19/2010 | 14.2 |
| Gulf State Community Bank, Carrabelle, FL | 11/19/2010 | 42.7 |
| Copper Star Bank, Scottsdale, AZ | 11/12/2010 | 46.3 |
| Darby Bank & Trust Co., Vidalia, GA | 11/12/2010 | 136.2 |
| Tifton Banking Company, Tifton, GA | 11/12/2010 | 24.6 |
| First Vietnamese American Bank, Westminster, CA | 11/5/2010 | 9.6 |
| Pierce Commercial Bank, Tacoma, WA | 11/5/2010 | 21.3 |
| Western Commercial Bank, Woodland Hills, CA | 11/5/2010 | 25.2 |
| K Bank, Randallstown, MD | 11/5/2010 | 198.4 |
| First Arizona Savings, Scottsdale, AZ | 10/22/2010 | 32.8 |
| Hillcrest Bank, Overland Park, KS | 10/22/2010 | 329.7 |
| First Suburban National Bank, Maywood, IL | 10/22/2010 | 31.4 |
| The First National Bank of Barnesville, Barnesville, GA | 10/22/2010 | 33.9 |
| The Gordon Bank, Gordon, GA | 10/22/2010 | 9.0 |
| Progress Bank of Florida, Tampa, FL | 10/22/2010 | 25.0 |
| First Bank of Jacksonville, Jacksonville, FL | 10/22/2010 | 16.2 |
| Premier Bank, Jefferson City, MO | 10/15/2010 | 406.9 |
| WestBridge Bank and Trust Company, Chesterfield, MO | 10/15/2010 | 18.7 |
| Security Savings Bank F.S.B., Olathe, KS | 10/15/2010 | 82.2 |
| Shoreline Bank, Shoreline, WA | 10/1/2010 | 41.4 |
| Wakulla Bank, Crawfordville, FL | 10/1/2010 | 113.4 |
| Haven Trust Bank Florida, Ponte Verde Beach, FL | 9/24/2010 | 31.9 |
| North County Bank, Arlington, WA | 9/24/2010 | 72.8 |
| Maritime Savings Bank, West Allis, WI | 9/17/2010 | 83.6 |
| Bramble Savings Bank, Milford, OH | 9/17/2010 | 14.6 |
| The Peoples Bank, Winder, GA | 9/17/2010 | 98.9 |
| First Commerce Community Bank, Douglasville, GA | 9/17/2010 | 71.4 |
| Bank of Ellijay, Ellijay, GA | 9/17/2010 | 55.2 |
| ISN Bank, Cherry Hill, NJ | 9/17/2010 | 23.9 |
| Horizon Bank, Bradenton, FL | 9/10/2010 | 58.9 |
| Sonoma Valley Bank, Sonoma, CA | 8/20/2010 | 10.1 |
| Los Padres Bank, Solvang, CA | 8/20/2010 | 8.7 |
| Butte Community Bank, Chico, CA | 8/20/2010 | 17.4 |
| Pacific State Bank, Stockton, CA | 8/20/2010 | 32.6 |
| ShoreBank, Chicago, IL | 8/20/2010 | 367.7 |
| Imperial Savings and Loan Association, Martinsville, VA | 8/20/2010 | 3.5 |
| Independent National Bank, Ocala, FL | 8/20/2010 | 23.2 |
| Community National Bank at Bartow, Bartow, FL | 8/20/2010 | 10.3 |
| Palos Bank and Trust Company, Palos Heights, IL | 8/13/2010 | 72 |
| Ravenswood Bank, Chicago, IL | 8/6/2010 | 68.1 |
| LibertyBank, Eugene, OR | 7/30/2010 | 115.3 |
| The Cowlitz Bank, Longview, WA | 7/30/2010 | 68.9 |
| Coastal Community Bank, Panama City Beach, FL | 7/30/2010 | 94.5 |
| Bayside Savings Bank, Port St. Joe, FL | 7/30/2010 | 16.2 |
| Northwest Bank and Trust, Acworth, GA | 7/30/2010 | 39.8 |
| Home Valley Bank, Cave Junction, OR | 7/23/2010 | 37.1 |
| Southwest USA Bank, Las Vegas, NV | 7/23/2010 | 74.1 |
| Community Security Bank, New Prague, MN | 7/23/2010 | 18.6 |
| Thunder Bank, Sylvan Grove, KS | 7/23/2010 | 4.5 |
| Williamsburg First National Bank, Kingstree, SC | 7/23/2010 | 8.8 |
| Crescent Bank and Trust Company, Jasper, GA | 7/23/2010 | 242.4 |
| Sterling Bank, Lantana, FL | 7/23/2010 | 45.5 |
| Mainstreet Savings Bank FSB, Hastings, MI | 7/16/2010 | 11.4 |
| Olde Cypress Community Bank, Clewiston, FL | 7/16/2010 | 31.5 |
| Turnberry Bank, Aventura, FL | 7/16/2010 | 34.4 |
| Metro Bank of Dade County, Miami, FL | 7/16/2010 | 67.6 |
| First National Bank of the South, Spartanburg, SC | 7/16/2010 | 74.9 |
| Woodlands Bank, Bluffton, SC | 7/16/2010 | 115 |
| Home National Bank, Blackwell, OK | 7/09/2010 | 78.7 |
| USA Bank, Port Chester, NY | 7/09/2010 | 61.7 |
| Ideal Federal Savings Bank, Baltimore, MD | 7/09/2010 | 2.1 |
| Bay National Bank, Baltimore, MD | 7/09/2010 | 17.4 |
| High Desert State Bank, Albuquerque, NM | 6/25/2010 | 20.9 |
| First National Bank, Savannah, GA | 6/25/2010 | 68.9 |
| Peninsula Bank, Englewood, FL | 6/25/2010 | 194.8 |
| Nevada Security Bank, Reno, NV | 6/18/2010 | 80.9 |
| Washington First International Bank, Seattle, WA | 6/11/2010 | 158.4 |
| TierOne Bank, Lincoln, NE | 6/04/2010 | 297.8 |
| Arcola Homestead Savings Bank, Arcola, IL | 6/04/2010 | 3.2 |
| First National Bank, Rosedale, MS | 6/04/2010 | 12.6 |
| Granite Community Bank, NA, Granite Bay, CA | 5/28/2010 | 17.3 |
| Bank of Florida — Tampa, Tampa, FL | 5/28/2010 | 40.3 |
| Bank of Florida — Southwest, Naples, FL | 5/28/2010 | 91.3 |
| Bank of Florida — Southeast, Fort Lauderdale, FL | 5/28/2010 | 71.4 |
| Sun West Bank, Las Vegas, NV | 5/28/2010 | 96.7 |
| Pinehurst Bank, Saint Paul, MN | 5/21/2010 | 6 |
| Midwest Bank and Trust Company, Elmwood Park, IL | 5/14/2010 | 216.4 |
| Southwest Community Bank, Springfield, MO | 5/14/2010 | 29 |
| New Liberty Bank, Plymouth, MI | 5/14/2010 | 25 |
| Satilla Community Bank, Saint Marys, GA | 5/14/2010 | 31.3 |
| 1st Pacific Bank of California, San Diego, CA | 5/07/2010 | 87.7 |
| Towne Bank of Arizona, Mesa, AZ | 5/07/2010 | 41.8 |
| Access Bank, Champlin, MN | 5/07/2010 | 5.5 |
| The Bank of Bonifay, Bonifay, FL | 5/07/2010 | 78.7 |
| Frontier Bank, Everett, WA | 4/30/2010 | 1,370 |
| BC National Banks, Butler, MO | 4/30/2010 | 11.4 |
| Champion Bank, Creve Coeur, MO | 4/30/2010 | 52.7 |
| CF Bancorp, Port Huron, MI | 4/30/2010 | 615.3 |
| Westernbank Puerto Rico, Mayaguez, PR | 4/30/2010 | 3,310 |
| R-G Premier Bank of Puerto Rico, Hato Rey, PR | 4/30/2010 | 1,230 |
| Eurobank, San Juan, PR | 4/30/2010 | 743.9 |
| Wheatland Bank, Naperville, IL | 4/23/2010 | 133 |
| Peotone Bank and Trust Company, Peotone, IL | 4/23/2010 | 31.7 |
| Lincoln Park Savings Bank, Chicago, IL | 4/23/2010 | 48.4 |
| New Century Bank, Chicago, IL | 4/23/2010 | 125.3 |
| Citizens Bank and Trust Company of Chicago, Chicago, IL | 4/23/2010 | 20.9 |
| Broadway Bank, Chicago, IL | 4/23/2010 | 394.3 |
| Amcore Bank, National Association, Rockford, IL | 4/23/2010 | 220.3 |
| City Bank, Lynnwood, WA | 4/16/2010 | 323.4 |
| Tamalpais, San Rafael, CA | 4/16/2010 | 81.1 |
| Innovative Bank, Oakland, CA | 4/16/2010 | 37.8 |
| Butler Bank, Lowell, MA | 4/16/2010 | 22.9 |
| Riverside National Bank of Florida, Fort Pierce, FL | 4/16/2010 | 491.8 |
| American First Bank, Clermont, FL | 4/16/2010 | 10.5 |
| First Federal Bank of North Florida, Palatka, FL | 4/16/2010 | 6 |
| Lakeside Community Bank, Sterling Heights, MI | 4/16/2010 | 11.2 |
| Beach First National Bank, Myrtle Beach, SC | 4/09/2010 | 130.3 |
| Desert Hills Bank, Phoenix, AZ | 3/26/2010 | 106.7 |
| Unity National Bank, Cartersville, GA | 3/26/2010 | 67.2 |
| Key West Bank, Key West, FL | 3/26/2010 | 23.1 |
| McIntosh Commercial Bank, Carrollton, GA | 3/26/2010 | 123.3 |
| State Bank of Aurora, Aurora, MN | 3/19/2010 | 4.2 |
| First Lowndes Bank, Fort Deposit, AL | 3/19/2010 | 38.3 |
| Bank of Hiawassee, Hiawasssee, GA | 3/19/2010 | 137.7 |
| Appalachian Community Bank, Ellijay, GA | 3/19/2010 | 419.3 |
| Advanta Bank Corp, Draper, UT | 3/19/2010 | 635.6 |
| Century Security Bank, Duluth, MN | 3/19/2010 | 29.9 |
| American National Bank, Parma, OH | 3/19/2010 | 17.1 |
| Statewide Bank, Covington, LA | 3/12/2010 | 38.1 |
| Old Southern Bank, Orlando, FL | 3/12/2010 | 94.6 |
| The Park Avenue Bank, New York, NY | 3/12/2010 | 50.7 |
| LibertyPointe Bank, New York, NY | 3/11/2010 | 24.8 |
| Centennial Bank, Ogden, UT | 3/5/2010 | 96.3 |
| Waterfield Bank, Germantown, MD | 3/5/2010 | 51 |
| Bank of Illinois, Normal, IL | 3/5/2010 | 53.7 |
| Sun American Bank, Boca Raton, FL | 3/5/2010 | 103.8 |
| Rainier Pacific Bank, Tacoma, WA | 2/26/2010 | 95.2 |
| Carson River Community Bank, Carson City, NV | 2/26/2010 | 7.9 |
| La Jolla Bank, F.S.B., La Jolla, CA | 2/19/2010 | 882.3 |
| George Washington Savings Bank, Orland Park, IL | 2/19/2010 | 141.4 |
| The La Coste National Bank, La Coste, TX | 2/19/2010 | 3.7 |
| Marco Community Bank, Marco Island, FL | 2/19/2010 | 38.1 |
| First American State Bank of Minnesota, Hancock, MN | 2/05/2010 | 3.1 |
| American Marine Bank, Bainbridge Island, WA | 1/29/2010 | 58.9 |
| First Regional Bank, Los Angeles, CA | 1/29/2010 | 825.5 |
| Community Bank and Trust, Cornelia, GA | 1/29/2010 | 354.5 |
| Marshall Bank, N.A., Hallock, MN | 1/29/2010 | 4.1 |
| Florida Community Bank, Immokalee, FL | 1/29/2010 | 352.6 |
| First National Bank of Georgia, Carrollton, GA | 1/29/2010 | 260.4 |
| Columbia River Bank, The Dalles, OR | 1/22/2010 | 172.5 |
| Evergreen Bank, Seattle, WA | 1/22/2010 | 64.2 |
| Charter Bank, Santa Fe, NM | 1/22/2010 | 201.9 |
| Bank of Leeton, Leeton, MO | 1/22/2010 | 8.1 |
| Premier American Bank, Miami, FL | 1/22/2010 | 85 |
| Town Community Bank & Trust, Antioch, IL | 1/15/2010 | 17.8 |
| St. Stephen State Bank, St. Stephen, MN | 1/15/2010 | 7.2 |
| Barnes Banking Company, Kaysville, UT | 1/15/2010 | 271.3 |
| Horizon Bank, Bellingham, WA | 1/08/2010 | 539.1 |
2009 list of failed banks
| Failed banks | Date closed | Estimated cost to DIF ($ millions) |
|---|---|---|
| First Federal Bank of California, Santa Monica, CA | 12/18/2009 | 146.3 |
| Imperial Capital Bank, La Jolla, CA | 12/18/2009 | 619.2 |
| Independent Bankers’ Bank, Springfield, IL | 12/18/2009 | 68.4 |
| New South Federal Savings Bank, Irondale, AL | 12/18/2009 | 212.3 |
| Citizens State Bank, New Baltimore, MI | 12/18/2009 | 76.6 |
| Peoples First Community Bank, Panama City, FL | 12/18/2009 | 556.7 |
| RockBridge Commercial Bank, Atlanta, GA | 12/18/2009 | 124.2 |
| The Buckhead Community Bank, Atlanta, GA | 12/04/2009 | 241.4 |
| First Security National Bank, Norcross, GA | 12/04/2009 | 30.1 |
| The Tattnall Bank, Reidsville, GA | 12/04/2009 | 13.9 |
| AmTrust Bank, Cleveland, OH | 12/04/2009 | 200 |
| Benchmark Bank, Aurora, IL | 12/04/2009 | 64 |
| Greater Atlantic Bank, Reston, VA | 12/04/2009 | 35 |
| Commerce Bank of Southwest Florida, Fort Myers, FL | 11/20/2009 | 23.6 |
| Pacific Coast National Bank, San Clemente, CA | 11/13/2009 | 27.4 |
| Orion Bank, Naples, FL | 11/13/2009 | 615 |
| Century Bank, F.S.B., Sarasota, FL | 11/13/2009 | 344 |
| United Security Bank, Sparta, GA | 11/6/2009 | 58 |
| Home Federal Savings Bank, Detroit, MI | 11/6/2009 | 5.4 |
| Prosperan Bank, Oakdale, MN | 11/6/2009 | 60.1 |
| Gateway Bank of St. Louis, St. Louis, MO | 11/6/2009 | 9.2 |
| United Commercial Bank, San Francisco, CA | 11/6/2009 | 1,400 |
| Bank USA, National Association, Phoenix, AZ | 10/30/2009 | 2,500** |
| California National Bank, Los Angeles, CA | 10/30/2009 | 2,500** |
| San Diego National Bank, San Diego, CA | 10/30/2009 | 2,500** |
| Pacific National Bank, San Francisco, CA | 10/30/2009 | 2,500** |
| Park National Bank, Chicago, IL | 10/30/2009 | 2,500** |
| Community Bank of Lemont, Lemont, IL | 10/30/2009 | 2,500** |
| North Houston Bank, Houston, TX | 10/30/2009 | 2,500** |
| Madisonville State Bank, Madisonville, TX | 10/30/2009 | 2,500** |
| Citizens National Bank, Teague, TX | 10/30/2009 | 2,500** |
| First DuPage Bank, Westmont, IL | 10/23/2009 | 59 |
| Riverview Community Bank, Otsego, MN | 10/23/2009 | 20 |
| Bank of Elmwood, Racine, WI | 10/23/2009 | 101.1 |
| Flagship National Bank, Bradenton, FL | 10/23/2009 | 59 |
| Hillcrest Bank Florida, Naples, FL | 10/23/2009 | 45 |
| American United Bank, Lawrenceville, GA | 10/23/2009 | 44 |
| Partners Bank, Naples, FL | 10/23/2009 | 28.6 |
| San Joaquin Bank, Bakersfiled, CA | 10/16/2009 | 103 |
| Warren Bank, Warren, MI | 10/2/2009 | 275 |
| Jennings State Bank, Spring Grove, MN | 10/2/2009 | 11.7 |
| Southern Colorado National Bank, Pueblo, CO | 10/2/2009 | 6.6 |
| Georgian Bank, Atlanta, GA | 9/25/2009 | 892 |
| 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, IL | 9/11/2009 | 1,700 |
| Brickwell Community Bank, Woodbury, MN | 9/11/2009 | 22 |
| Venture Bank, Lacy, WA | 9/11/2009 | 298 |
| First Bank of Kansas City, Kansas City, MO | 9/4/2009 | 6 |
| InBank, Oak Forest, IL | 9/4/2009 | 66 |
| Vantus Bank, Sioux City, IA | 9/4/2009 | 168 |
| Platinum Community Bank, Rolling Meadows, IL | 9/4/2009 | 114.3 |
| First State Bank, Flagstaff, AZ | 9/4/2009 | 47 |
| Bradford Bank, Baltimore, MD | 8/28/2009 | 97 |
| Mainstreet Bank, Forest Lake, MN | 8/28/2009 | 95 |
| Affinity Bank, Ventura, CA | 8/28/2009 | 254 |
| eBank, Atlanta, GA | 8/21/2009 | 63 |
| First Coweta Bank, Newman, GA | 8/21/2009 | 48 |
| CapitalSouth Bank, Birmingham, AL | 8/21/2009 | 151 |
| Guaranty Bank, Austin, TX | 8/21/2009 | 3,000 |
| Community Bank of Nevada, Las Vegas, NV | 8/14/2009 | 781.5 |
| Community Bank of Arizona, Phoenix, AZ | 8/14/2009 | 26 |
| Union Bank, National Assoc., Gilbert, AZ | 8/14/2009 | 61 |
| Colonial Bank, Montgomery, AL | 8/14/2009 | 2,800 |
| Dwelling House Savings and Loan Assoc., Pittsburgh, PA | 8/14/2009 | 7 |
| Community First Bank, Prineville, OR | 8/7/2009 | 45 |
| Community National Bank of Sarasota County, Venice, FL | 8/7/2009 | 24 |
| First State Bank, Sarasota, FL | 8/7/2009 | 116 |
| Mutual Bank, Harvey, IL | 7/31/2009 | 696 |
| First BankAmericano, Elizabeth, NJ | 7/31/2009 | 15 |
| Peoples Community Bank, West Chester, OH | 7/31/2009 | 130 |
| First State Bank of Altus, Altus, OK | 7/31/2009 | 25 |
| Integrity Bank, Jupiter, FL | 7/31/2009 | 46 |
| Waterford Village Bank, Williamsville, NY | 7/24/2009 | 5.6 |
| Security Bank of Jones County, Gray, GA | 7/24/2009 | 807 |
| Security Bank of Houston County, Perry, GA | 7/24/2009 | 807 |
| Security Bank of Bibb County, Macon, GA | 7/24/2009 | 807 |
| Security Bank of North Metro, Woodstock, GA | 7/24/2009 | 807 |
| Security Bank of North Fulton, Alpharetta, GA | 7/24/2009 | 807 |
| Security Bank of Gwinnett County, Suwanee, GA | 7/24/2009 | 807 |
| Temecula Valley Bank, Temecula, CA | 7/17/2009 | 391 |
| Vineyard Bank, Rancho Cucamonga, CA | 7/17/2009 | 579 |
| First Piedmont Bank, Winder, GA | 7/17/2009 | 29 |
| BankFirst, Sioux Falls, SD | 7/17/2009 | 91 |
| Bank of Wyoming, Thermopolis, WY | 7/10/2009 | 27 |
| John Warner Bank, Clinton, IL | 7/2/2009 | 10 |
| First State Bank of Winchester, Winchester, IL | 7/2/2009 | 6 |
| Elizabeth State Bank, Elizabeth, IL | 7/2/2009 | 11.2 |
| First National Bank of Danville, Danville, IL | 7/2/2009 | 24 |
| Rock River Bank, Oregon, IL | 7/2/2009 | 27.6 |
| Millennium State Bank of Texas, Dallas, TX | 7/2/2009 | 47 |
| Founders Bank, Worth, IL | 7/2/2009 | 188.5 |
| Mirae Bank, Los Angeles, CA | 6/26/2009 | 50 |
| MetroPacific Bank, Irvine, CA | 6/26/2009 | 29 |
| Horizon Bank, Pine City, MN | 6/26/2009 | 33.5 |
| Neighborhood Community Bank, Newnan, GA | 6/26/2009 | 66.7 |
| Community Bank of West Georgia, Villa Rica, GA | 6/26/2009 | 85 |
| First National Bank of Anthony, Anthony, KS | 6/19/2009 | 32.2 |
| Cooperative Bank, Wilmington, NC | 6/19/2009 | 217 |
| Southern Community Bank, Fayetteville, GA | 6/19/2009 | 114 |
| Bank of Lincolnwood, Lincolnwood, IL | 6/5/2009 | 83 |
| Citizens National Bank, Macomb, IL | 5/22/2009 | 106 |
| Strategic Capital Bank, Champaign, IL | 5/22/2009 | 173 |
| BankUnited, Coral Gables, FL | 5/21/2009 | 4,900 |
| Westsound Bank, Bremerton, WA | 5/8/2009 | 108 |
| America West Bank, Layton, UT | 5/1/2009 | 119.4 |
| Citizens Community Bank, Ridgewood, NJ | 5/1/2009 | 18.1 |
| Silverton Bank, Atlanta, GA | 5/1/2009 | 1,003 |
| First Bank of Idaho, Ketchum, ID | 4/24/2009 | 191.2 |
| First Bank of Beverly Hills, CA | 4/24/2009 | 394 |
| Michigan Heritage Bank, Farmington Hills, MI | 4/24/2009 | 71.3 |
| American Southern Bank, Kennesaw, GA | 4/24/2009 | 41.9 |
| Great Basin Bank, Elko, NV | 4/17/2009 | 42 |
| American Sterling Bank, Sugar Creek, MO | 4/17/2009 | 42 |
| New Frontier Bank, Greeley, CO | 4/10/2009 | 670 |
| Cape Fear Bank, Wilmington, NC | 4/10/2009 | 131 |
| Omni National Bank, Atlanta, GA | 3/27/2009 | 290 |
| FirstCity Bank, Stockbridge, GA | 3/20/2009 | 100 |
| Colorado National Bank, Colorado Springs, CO | 3/20/2009 | 9 |
| Teambank, N.A., Paola, KS | 3/20/2009 | 98 |
| Freedom Bank of Georgia, Commerce, GA | 3/6/2009 | 36.2 |
| Security Savings Bank, Henderson, NV | 2/27/2009 | 59.1 |
| Heritage Community Bank, Glenwood, IL | 2/27/2009 | 41.6 |
| Silver Falls Bank, Silverton, OR | 2/20/2009 | 50 |
| Pinnacle Bank, Beaverton, OR | 2/13/2009 | 12.1 |
| Corn Belt Bank & Trust, Pittsfield, IL | 2/13/2009 | 100 |
| Riverside Bank of the Gulf Coast, Cape Coral, FL | 2/13/2009 | 201.5 |
| Sherman County Bank, Loup City, NE | 2/13/2009 | 28 |
| County Bank, Merced, CA | 2/6/2009 | 135 |
| Alliance Bank, Culver City, CA | 2/6/2009 | 206 |
| FirstBank Financial Services, McDonough, GA | 2/6/2009 | 111 |
| Ocala NB, Ocala, FL | 1/30/2009 | 99.6 |
| Suburban FSB, Crofton, MD | 1/30/2009 | 126 |
| Magnet Bank, Salt Lake City, UT | 1/30/2009 | 119.4 |
| 1st Centennial Bank, Redlands, CA | 1/23/2009 | 227 |
| Bank of Clark County, Vancouver, WA | 1/16/2009 | 120 – 145 |
| National Bank of Commerce, Berkely, IL | 1/16/2009 | 97.1 |
** 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 assumed all of the deposits.
More on bank safety:
- How the FDIC protects your money
- 6 ways to insure excess deposits
- Your money is safe — banks are much healthier today than a decade ago
Share