Failed Bank List 2009
Written by as part of Failure Analysis
23. New Frontier Bank, Greeley, Colorado. April 10.
22. Cape Fear Bank, Wilmington, North Carolina, April 10.
21. Omni National Bank, Atlanta, Georgia, March 27.
20. TeamBank, National Association, Paola, Kansas, March 20.
19. Colorado National Bank, Colorado Springs, Colorado, March 20.
18. FirstCity Bank, Stockbridge, Georgia, March 20.
17. Freedom Bank of Georgia, Commerce, Georgia, March 6.
16. Security Savings Bank, Henderson, Nevada, February 27.
15. Heritage Community Bank, Glenwood, Illinois, February 27.
14. Silver Falls Bank, Silverton, Oregon, February 20.
13. Pinnacle Bank of Oregon, Beaverton, Oregon, February 13.
12. Corn Belt Bank and Trust Company, Pittsfield, Illinois, February 13.
11. Riverside Bank of the Gulf Coast, Cape Coral, Florida, February 13.
10. Sherman County Bank, Loup City, Nebraska, February 13.
9. County Bank, Merced, California, February 6.
8. Alliance Bank, Culver City, California, February 6.
7. FirstBank Financial Services, McDonough, Georgia, February 6.
6. Ocala National Bank, Ocala, Florida, January 30.
5. Suburban Federal Savings Bank, Crofton, Maryland, January 30.
4. MagnetBank, Salt Lake City, Utah, January 30.
3. 1st Centennial Bank, Redlands, California, January 23.
2. Bank of Clark County, Vancouver, Washington, January 16.
1. National Bank of Commerce, Berkeley, Illinois, January 16.
List of banks that have failed since October 1, 2000. You’ll notice that only two banks failed in the last two months of 2000; four in all of 2001; 11 in 2002; three in 2003; four in 2004; three in 2007; then a spike up to 25 in 2008. In 2009 we’re currently at 140.
This page last updated December 19, 2009.
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