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Bank Failures & Assistance
2008

The list of Bank Failures and Assistance Transactions is updated through August 22, 2008. Please address questions on this subject to the Customer Service Hotline (telephone: 888-206-4662).

September

Silver State Bank, Henderson, Nevada, with approximately $2 billion in assets and approximately $1.7 billion in deposits was closed. Nevada State Bank, Las Vegas, Nevada has agreed to assume the non-brokered insured deposits. (PR-77-2008)

August

Integrity Bank, Alpharetta, Georgia, with approximately $1.1 billion in assets was closed. Regions Bank, Birmingham, Alabama has agreed to assume all deposits (approximately $974.0 million). (PR-74-2008)

The Columbian Bank and Trust, Topeka, Kansas, with approximately $752 million in assets and approximately $622 million in deposits was closed. Citizens Bank and Trust Company, Chillicothe, Missouri has agreed to assume the non-brokered insured deposits. (PR-69-2008)

First Priority Bank, Bradenton, Florida, with approximately $259 million in assets and approximately $227 million in deposits was closed. SunTrust Bank, Atlanta, Georgia has agreed to assume the non-brokered insured deposits. (PR-65-2008)

July

First National Bank of Nevada, Reno, Nevada, with approximately $3.4 billion in assets was closed. Mutual of Omaha Bank, Omaha, Nebraska has agreed to assume all deposits (approximately $3.0 billion). On June 30, 2008, First National Bank of Arizona, Scottsdale, Arizona, merged with First National Bank of Nevada and was included in this action. (PR-63-2008)

First Heritage Bank N.A., Newport Beach, California, with approximately $254 million in assets was closed. Mutual of Omaha Bank, Omaha, Nebraska has agreed to assume all deposits (approximately $233 million). (PR-63-2008)

IndyMac Bank, F.S.B., Pasadena, California, with approximately $32.01 billion in assets was closed. Non-brokered insured deposits and substantially all of the assets were transferred to IndyMac Federal Bank, F.S.B., Pasadena, California.  The FDIC was named Conservator. (PR-56-2008)

May

First Integrity Bank, National Association, Staples, Minnesota, with approximately $54.7 million in assets was closed. First International Bank and Trust, Watford City, North Dakota has agreed to assume all deposits (approximately $50.3 million). (PR-41-2008)

ANB Financial, National Association, Bentonville, Arkansas, with approximately $2.1 billion in assets was closed. Pulaski Bank and Trust Company, Little Rock, Arkansas has agreed to assume the non-brokered insured deposits (approximately $212.9 million). (PR-33-2008)

March

Hume Bank, Hume, Missouri, with approximately $18.7 million in assets was closed. Security Bank, Rich Hill, Missouri has agreed to assume the insured deposits (approximately $12.5 million). (PR-21-2008)

January

Douglass National Bank, Kansas City, Missouri, with approximately $58.5 million in assets was closed. Liberty Bank and Trust Company of New Orleans, Louisiana has agreed to assume all deposits (approximately $53.8 million). (PR-7-2008)


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Last Updated 9/5/2008 Customer Service

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