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 only three bank failures since the coronavirus crisis started.
All three (The First State Bank, First City Bank of Florida and Almena State Bank) experienced previous financial problems, according to the FDIC.
As soon as a bank fails, the FDIC usually estimates how much that bank failure will cost the Deposit Insurance Fund (DIF). Quarterly assessments on FDIC-insured banks fund most of the DIF, according to the FDIC.
Bank failures since 2009
| Year | Bank failure cost to Deposit Insurance Fund (DIF) | Total number of bank failures: 511 |
|---|---|---|
| 2020 (estimated) | $89.2 million | 4 |
| 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) |
|---|---|---|
| Almena State Bank, Almena, KS | 10/23/2020 | 18.3 |
| First City Bank of Florida, Fort Walton Beach, FL | 10/16/2020 | 10 |
| The First State Bank, Barboursville, WV | 04/03/2020 | 46.8 |
| Ericson State Bank, Ericson, NE | 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, Newark, NJ | 11/1/2019 | 2.5 |
| Resolute Bank, Maumee, OH | 10/25/2019 | 2.2 |
| Louisa Community Bank, Louisa, KY | 10/25/2019 | 4.5 |
| The Enloe State Bank, Cooper, TX | 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, Chicago | 12/15/2017 | 60.5 |
| The Farmers and Merchants State Bank of Argonia, Argonia, KS | 10/13/2017 | 2.6 |
| Fayette County Bank, Saint Elmo, IL | 05/26/2017 | 10.0 |
| Guaranty Bank, (d/b/a BestBank in Georgia & Michigan), Milwaukee | 05/05/2017 | 146.4 |
| First NBC Bank, New Orleans | 04/28/2017 | 996.9 |
| Proficio Bank, Cottonwood Heights, UT | 03/03/2017 | 11.0 |
| Seaway Bank and Trust Company, Chicago | 01/27/2017 | 57.2 |
| Harvest Community Bank, Pennsville, NJ | 01/13/2017 | 22.3 |
2016 list of failed banks
| Failed banks | Date closed | Estimated cost to DIF ($ millions) |
|---|---|---|
| Allied Bank, Mulberry, AR | 09/23/2016 | 6.9 |
| The Woodbury Banking Company, Woodbury, GA | 08/19/2016 | 5.2 |
| First CornerStone Bank, King of Prussia, PA | 05/06/2016 | 10.8 |
| Trust Company Bank, Memphis, TN | 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, IL | 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
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