Five Largest Failed Banks – The Biggest One Is Not On The FDIC Failed Bank List

Five Biggest Bank Failures Ever As the US banking crisis grew steadily worse during 2008, the largest bank failure as of July 2008 (Indy Mac) ranked only number 3 on the list of the largest bank failures in history. 5 Biggest Bank Failures As Of July 2008 Institution Name                    Date                $Assets Billions Continental Illinois                 5/1984                  […]

Failed Banks For May 8, 2009

Failed Banks: Westsound Bank There was one more failed bank this week on May 8 – Westsound Bank, Bremerton, Washington.   2009 has now seen 8 more failed banks than occurred for all of 2008.  The FDIC closure of Westsound Bank brings total banking failures for 2009 to 33 banks.  The FDIC estimates that the closure […]

Failed Banks for May 1, 2009

Failed Banks: America West Bank, Citizens Community Bank, Silverton Bank There were 3 more failed banks on May 1st – America West Bank, Citizens Community Bank and Silverton Bank.   2009 has now seen 7 more failed banks than occurred for all of 2008.  The FDIC closure of 3 more banks on May 1st  brings total […]