Skip to content

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 NameClosure Date
Omni National Bank, Atlanta, GAMarch 27, 2009
TeamBank, National Association, Paola, KSMarch 20, 2009
Colorado National Bank, Colorado Springs, COMarch 20, 2009
FirstCity Bank, Stockbridge, GAMarch 20, 2009
Freedom Bank of Georgia, Commerce, GAMarch 6, 2009
Security Savings Bank, Henderson, NVFebruary 27, 2009
Heritage Community Bank, Glenwood, ILFebruary 27, 2009
Silver Falls Bank, Silverton, ORFebruary 20, 2009
Pinnacle Bank of Oregon – Beaverton, ORFebruary 13, 2009
Corn Belt Bank and Trust Company – Pittsfield, ILFebruary 13, 2009
Riverside Bank of the Gulf Coast – Cape Coral, FLFebruary 13, 2009
Sherman County Bank – Loup City, NEFebruary 13, 2009
County Bank – Merced, CAFebruary 6, 2009
Alliance Bank – Culver City, CAFebruary 6, 2009
FirstBank Financial Services – McDonough, GAFebruary 6, 2009
Ocala National Bank – Ocala, FLJanuary 30, 2009
Suburban Federal Savings Bank – Crofton, MDJanuary 30, 2009
MagnetBank – Salt Lake City, UTJanuary 30, 2009
1st Centennial BankJanuary 23, 2009
Bank of Clark CountyJanuary 16, 2009
National Bank of CommerceJanuary 16, 2009
Sanderson State BankDecember 12, 2008
Haven Trust BankDecember 12, 2008
First Georgia Community BankDecember 5, 2008
PFF Bank and TrustNovember 21, 2008
Downey Savings and LoanNovember 21, 2008
The Community BankNovember 21, 2008
Security Pacific BankNovember 7, 2008
Franklin Bank, SSBNovember 7, 2008
Freedom BankOctober 31, 2008
Alpha Bank & Trust, AlpharettaOctober 24, 2008
Meridian Bank, EldredOctober 10, 2008
Main Street Bank, NorthvilleOctober 10, 2008
Washington Mutual Bank & Washington Mutual Bank FSBSeptember 25, 2008
AmeribankSeptember 18, 2008
Silver State BankSeptember 5, 2008
Integrity BankAugust 29, 2008
The Columbian Bank and TrustAugust 22, 2008
First Priority BankAugust 1, 2008
First Heritage BankJuly 25, 2008
First National Bank of NevadaJuly 25, 2008
IndyMac BankJuly 11, 2008
First Integrity Bank, NAMay 30, 2008
ANB Financial, NAMay 9, 2008
Hume BankMarch 7, 2008
Douglass National BankJanuary 25, 2008
Miami Valley BankOctober 4, 2007
NetBankSeptember 28, 2007
Metropolitan Savings BankFebruary 2, 2007
Bank of EphraimJune 25, 2004
Reliance BankMarch 19, 2004
Guaranty National Bank of TallahasseeMarch 12, 2004
Dollar Savings BankFebruary 14, 2004
Pulaski Savings BankNovember 14, 2003
The First National Bank of BlanchardvilleMay 9, 2003
Southern Pacific BankFebruary 7, 2003
The Farmers Bank of CheneyvilleDecember 17, 2002
The Bank of AlamoNovember 8, 2002
AmTrade International Bank of GeorgiaSeptember 30, 2002
Universal Federal Savings BankJune 27, 2002
Connecticut Bank of CommerceJune 26, 2002
New Century BankMarch 28, 2002
Net 1st National BankMarch 1, 2002
NextBank, N.AFebruary 7, 2002
Oakwood Deposit Bank CompanyFebruary 1, 2002
Bank of Sierra BlancaJanuary 18, 2002
Hamilton Bank, N.A.January 11, 2002
Sinclair National BankSeptember 7, 2001
Superior Bank, FSBJuly 27, 2001
The Malta National BankMay 3, 2001
First Alliance Bank & Trust CompanyFebruary 2, 2001
National State Bank of MetropolisDecember 14, 2000
Bank of HonoluluOctober 13, 2000

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.

http://www.fdic.gov/bank/individual/bank/index.html