FDIC Home - Federal Deposit Insurance Corporation
FDIC Home - Federal Deposit Insurance Corporation

 
Skip Site Summary Navigation   Home     Deposit Insurance     Consumer Protection     Industry Analysis     Regulations & Examinations     Asset Sales     News & Events     About FDIC  


Home > Industry Analysis > Failed Banks > Bank Failures in Brief




Bank Failures in Brief

The list of Bank Failures in Brief is updated through September 7, 2001. Please address questions on this subject to the Customer Service Hotline (telephone: 888-206-4662).

2001

BIF = Bank Insurance Fund
SAIF = Savings Association Insurance Fund

September 7 (BIF)
Sinclair National Bank, Gravette, Arkansas, with total assets of approximately $30.7 million and insured deposits of about $25.3 million, was assumed by Delta Trust and Bank, Parkdale, Arkansas. (PR-63-2001).

July 27 (SAIF)
The Federal Deposit Insurance Corporation today transferred the insured deposits and substantially all the assets of Superior Bank, FSB, Hinsdale, Illinois, to Superior Federal, FSB (New Superior), a newly chartered, full-service mutual savings bank. Superior Bank, with total assets of $2.3 billion and total deposits of $1.6 billion, was closed earlier today by the Office of Thrift Supervision, and the FDIC was named conservator (PR-52-2001).

May 3 (BIF)
The Malta National Bank, Malta, Ohio, with total deposits of approximately $8.8 million and total assets of $9.5 million, was assumed by North Valley Bank, Zanesville, Ohio (PR-32-2001).

February 2 (BIF)
First Alliance Bank Alliance Bank and Trust Company, Manchester, New Hampshire, with total assets of approximately $18.4 million and total deposits of about $17.5 million assumed by Southern New Hampshire Bank and Trust Company, Salem, New Hampshire (PR-11-2001).

2009  2008  2007   2006  2005    2004     2003    2002

Last Updated 7/2/2009 Customer Service

Home    Contact Us    Search    Help    SiteMap    Forms
Freedom of Information Act (FOIA) Service Center    Website Policies    USA.gov
FDIC Office of Inspector General