FDIC Bank Failure & Watch List
The Federal Deposit Insurance Corporation is a United States government corporation created in 1933. It provides deposit insurance which guarantees the safety of checking and savings deposits in member banks, currently up to $100,000 per depositor. The vast number of bank failures in the Great Depression spurred the United States Congress to create an institution to guarantee deposits held by commercial banks, inspired by the Commonwealth of Massachusetts and its Depositors Insurance Fund (DIF).
The list includes banks which have failed since October 1, 2000.
Bank Failures in 2009: 21
Bank Failures in 2008: 23
Bank Failure List
| Bank Name | Closure Date |
|---|---|
| Omni National Bank, Atlanta, GA | March 27, 2009 |
| TeamBank, National Association, Paola, KS | March 20, 2009 |
| Colorado National Bank, Colorado Springs, CO | March 20, 2009 |
| FirstCity Bank, Stockbridge, GA | March 20, 2009 |
| Freedom Bank of Georgia, Commerce, GA | March 6, 2009 |
| Security Savings Bank, Henderson, NV | February 27, 2009 |
| Heritage Community Bank, Glenwood, IL | February 27, 2009 |
| Silver Falls Bank, Silverton, OR | February 20, 2009 |
| Pinnacle Bank of Oregon – Beaverton, OR | February 13, 2009 |
| Corn Belt Bank and Trust Company – Pittsfield, IL | February 13, 2009 |
| Riverside Bank of the Gulf Coast – Cape Coral, FL | February 13, 2009 |
| Sherman County Bank – Loup City, NE | February 13, 2009 |
| County Bank – Merced, CA | February 6, 2009 |
| Alliance Bank – Culver City, CA | February 6, 2009 |
| FirstBank Financial Services – McDonough, GA | February 6, 2009 |
| Ocala National Bank – Ocala, FL | January 30, 2009 |
| Suburban Federal Savings Bank – Crofton, MD | January 30, 2009 |
| MagnetBank – Salt Lake City, UT | January 30, 2009 |
| 1st Centennial Bank | January 23, 2009 |
| Bank of Clark County | January 16, 2009 |
| National Bank of Commerce | January 16, 2009 |
| Sanderson State Bank | December 12, 2008 |
| Haven Trust Bank | December 12, 2008 |
| First Georgia Community Bank | December 5, 2008 |
| PFF Bank and Trust | November 21, 2008 |
| Downey Savings and Loan | November 21, 2008 |
| The Community Bank | November 21, 2008 |
| Security Pacific Bank | November 7, 2008 |
| Franklin Bank, SSB | November 7, 2008 |
| Freedom Bank | October 31, 2008 |
| Alpha Bank & Trust, Alpharetta | October 24, 2008 |
| Meridian Bank, Eldred | October 10, 2008 |
| Main Street Bank, Northville | October 10, 2008 |
| Washington Mutual Bank & Washington Mutual Bank FSB | September 25, 2008 |
| Ameribank | September 18, 2008 |
| Silver State Bank | September 5, 2008 |
| Integrity Bank | August 29, 2008 |
| The Columbian Bank and Trust | August 22, 2008 |
| First Priority Bank | August 1, 2008 |
| First Heritage Bank | July 25, 2008 |
| First National Bank of Nevada | July 25, 2008 |
| IndyMac Bank | July 11, 2008 |
| First Integrity Bank, NA | May 30, 2008 |
| ANB Financial, NA | May 9, 2008 |
| Hume Bank | March 7, 2008 |
| Douglass National Bank | January 25, 2008 |
| Miami Valley Bank | October 4, 2007 |
| NetBank | September 28, 2007 |
| Metropolitan Savings Bank | February 2, 2007 |
| Bank of Ephraim | June 25, 2004 |
| Reliance Bank | March 19, 2004 |
| Guaranty National Bank of Tallahassee | March 12, 2004 |
| Dollar Savings Bank | February 14, 2004 |
| Pulaski Savings Bank | November 14, 2003 |
| The First National Bank of Blanchardville | May 9, 2003 |
| Southern Pacific Bank | February 7, 2003 |
| The Farmers Bank of Cheneyville | December 17, 2002 |
| The Bank of Alamo | November 8, 2002 |
| AmTrade International Bank of Georgia | September 30, 2002 |
| Universal Federal Savings Bank | June 27, 2002 |
| Connecticut Bank of Commerce | June 26, 2002 |
| New Century Bank | March 28, 2002 |
| Net 1st National Bank | March 1, 2002 |
| NextBank, N.A | February 7, 2002 |
| Oakwood Deposit Bank Company | February 1, 2002 |
| Bank of Sierra Blanca | January 18, 2002 |
| Hamilton Bank, N.A. |
January 11, 2002 |
| Sinclair National Bank | September 7, 2001 |
| Superior Bank, FSB | July 27, 2001 |
| The Malta National Bank | May 3, 2001 |
| First Alliance Bank & Trust Company | February 2, 2001 |
| National State Bank of Metropolis | December 14, 2000 |
| Bank of Honolulu | October 13, 2000 |
Bank Watch List
The FDIC does not publish their watch list of failing banks or troubled institutions. However, private companies do publish ratings on banks. For a complete list of these companies, including contact information and website information.
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