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Failed Bank List of 2010

Another year, another catalog of bank failures. Over the past year, many banks have been forced to shut down and customers have been left to wonder about the future of their accounts. To help you stay updated in 2010, we have again compiled a list of failed banks with useful information for the customers of these banks, such as the acquiring bank, bridge bank or receiver of account transfers, which may include deposits and loans. Please be aware that the FDIC is often appointed as receiver for failed banks.

Using the map below you can highlight the home state of the banks that have failed. Simply drag your cursor over any state to see how many failures have occurred there in 2010.  To view the 2009 list, click here.

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List of failed banks:

Bank Name Cert # Date Additional Info
State Bank of Aurora, Aurora, MN 8221 March 19, 2010 he sole branch of State Bank of Aurora will reopen on Monday as a branch of Northern State Bank.
First Lowndes Bank, Fort Deposit, AL 24957 March 19, 2010 The four branches of First Lowndes Bank will reopen under normal business hours beginning Saturday as branches of First Citizens Bank.
Bank of HiawasseeHiawassee, GA 10054 March 19, 2010 The five branches of Bank of Hiawassee will reopen on Saturday as branches of Citizens South Bank.
Appalachian Community Bank, Ellijay, GA 33989 March 19, 2010 The ten branches of Appalachian Community Bank will reopen on Saturday as branches of Community & Southern Bank. This transaction also includes all of Appalachian Community Bank's branches that operated under the trade name of Gilmer County Bank.
American National Bank, Parma, OH 18806 March 19, 2010 All deposit accounts, excluding certain brokered deposits, have been transferred to The National Bank and Trust Company, Wilmington, OH ("assuming institution") and will be available immediately.
Century Security Bank, Duluth, GA 58104 March 19, 2010 All deposit accounts, excluding certain brokered deposits, have been transferred to Bank of Upson, Thomaston, GA ("assuming institution") and will be available immediately.
Advanta Bank Corp., Draper, UT 33535 March 19, 2010 The FDIC was unable to find another financial institution to take over the banking operations of Advanta Bank Corp. As a result, checks to depositors for their insured funds will be mailed on Monday.
Statewide Bank, Covington, LA 29561 March 12, 2010 All deposit accounts have been transferred to Home Bank, Lafayette, LA and will be available immediately.
Old Southern Bank, Orlando, FL 58182 March 12, 2010 All deposit accounts have been transferred to Centennial Bank, Conway, AR ("assuming institution") and will be available immediately.
The Park Avenue Bank, New York, NY 27096 March 12, 2010 All deposit accounts, excluding certain brokered deposits, have been transferred to Valley National Bank, Wayne, NJ ("assuming institution") and will be available immediately.
LibertyPointe Bank, New York, NY 58071 March 11, 2010 All deposit accounts have been transferred to Valley National Bank, Wayne, NJ ("assuming institution") and will be available immediately.
Centennial Bank, Ogden, UT 34430 March 5, 2010 An assuming institution could not be located; therefore, the FDIC will fulfill its obligation to insured depositors by mailing checks for their insured amounts.
Waterfield Bank, Germantown, MD 34976 March 5, 2010 To protect the insured depositors, the FDIC created Waterfield Bank, FA, a new depository institution chartered by the OTS and insured by the FDIC to take over the operations of Waterfield Bank.
Bank of Illinois, Normal, IL 9268 March 5, 2010 All deposit accounts, excluding certain brokered deposits, have been transferred to Heartland Bank and Trust Company, Bloomington, IL ("assuming institution") and will be available immediately.
Sun American Bank, Boca Raton, FL 27126 March 5, 2010 All deposit accounts, excluding certain brokered deposits, have been transferred to First-Citizens Bank & Trust Company, Raleigh, NC ("assuming institution") and will be available immediately.
Carson River Community Bank, Carson City, NV 58352 February 26, 2010 All deposit accounts, excluding certain brokered deposits, have been transferred to Heritage Bank of Nevada, Reno, NV ("assuming institution") and will be available immediately.
Rainier Pacific, Tacoma, WA 38129 February 26, 2010 All deposit accounts, excluding certain brokered deposits, have been transferred to Umpqua Bank, Roseburg, OR ("assuming institution") and will be available immediately.
La Jolla Bank, FSB, La Jolla, CA 32423 February 19, 2010 All deposit accounts have been transferred to OneWest Bank, FSB, Pasadena, CA ("assuming institution") and will be available immediately.
George Washington Savings Bank, Orland Park, IL 29952 February 19, 2010 All deposit accounts have been transferred to FirstMerit Bank, N.A., Akron, OH ("assuming institution") and will be available immediately.
The La Coste National Bank, La Coste, TX 3287 February 19, 2010 All deposit accounts have been transferred to Community National Bank, Hondo, TX ("assuming institution") and will be available immediately.
Marco Community Bank, Marco Island, FL 57586 February 19, 2010 All deposit accounts, excluding certain brokered deposits, have been transferred to Mutual of Omaha Bank, Omaha, NE ("assuming institution") and will be available immediately.
1st American State Bank of Minnesota, Hancock, MN 15448 February 5, 2010 All deposit accounts have been transferred to Community Development Bank, FSB, Ogema, MN ("assuming institution") and will be available immediately.
Community Bank and Trust, Cornelia, GA 5702 January 29, 2010 All deposit accounts, excluding certain brokered deposits, have been transferred to SCBT National Association, Orangeburg, SC ("assuming institution") and will be available immediately.
Florida Community Bank, Immokalee, FL 5672 January 29, 2010 All deposit accounts, excluding certain brokered deposits, have been transferred to Premier American Bank, National Association (N.A.), Miami, FL ("assuming institution") and will be available immediately.
American Marine Bank, Bainbridge Island, WA 16730 January 29, 2010 All deposit accounts, excluding certain brokered deposits, have been transferred to Columbia State Bank, Tacoma, WA ("assuming institution") and will be available immediately.
First National Bank of Georgia, Carrollton, GA 16480 January 29, 2010 All deposit accounts, excluding certain brokered deposits, have been transferred to Community and Southern Bank, Carrollton, GA ("assuming institution") and will be available immediately.
Marshall Bank, N.A., Hallock, MN 16133 January 29, 2010 All deposit accounts have been transferred to United Valley Bank, Cavalier, ND ("assuming institution") and will be available immediately.
First Regional Bank, Los Angeles, CA 23011 January 29, 2010 All deposit accounts, excluding certain brokered deposits, have been transferred to First-Citizens Bank & Trust Company, Raleigh, NC ("assuming institution") and will be available immediately.
Columbia River Bank, The Dalles, WA 22469 January 22, 2010 All deposit accounts have been transferred to Columbia State Bank, Tacoma, WA ("assuming institution") and will be available immediately.
Evergreen Bank, Seattle, WA 20501 January 22, 2010 All deposit accounts have been transferred to Umpqua Bank, Roseburg, OR ("assuming institution") and will be available immediately.
Charter Bank, Santa Fe, NM 32498 January 22, 2010 All deposit accounts, excluding certain brokered deposits, have been transferred to Charter Bank, Albuquerque, NM ("assuming institution") and will be available immediately.
Bank of Leeton, Leeton, MO 8265 January 22, 2010 All deposit accounts have been transferred to Sunflower Bank, National Association, Salina, KS ("assuming institution") and will be available immediately.
Premier American Bank, Miama, FL 57147 January 22, 2010 All deposit accounts, excluding certain brokered deposits, have been transferred to Premier American Bank, National Association, Miami, FL ("assuming institution") and will be available immediately.
Barnes Banking Company, Kaysville, UT 1252 January 15, 2010 To protect the depositors, the FDIC created the Deposit Insurance National Bank of Kaysville (DINB), which will remain open until February 12, 2010 to allow depositors access to their insured deposits and time to open accounts at other insured institutions.
St. Stephen State Bank, St. Stephen, MN 17522 January 15, 2010 To protect the depositors, the FDIC entered into a purchase and assumption agreement with First State Bank of St. Joseph, St. Joseph, Minnesota, to assume all of the deposits of St. Stephen State Bank.
Town Community Bank and Trust, Antioch, IL 34705 January 15, 2010 To protect the depositors, the FDIC entered into a purchase and assumption agreement with First American Bank, Elk Grove Village, Illinois, to assume all of the deposits of Town Community Bank and Trust.
Horizon Bank, Bellingham, WA 22977 January 8, 2010 To protect the depositors, the FDIC entered into a purchase and assumption agreement with Washington Federal Savings and Loan Association, Seattle, Washington, to assume all of the deposits of Horizon Bank.



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