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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank


Bank Failures in Brief

2014

The list of Bank Failures in Brief is updated through July 18, 2014. Please address questions on this subject to the Customer Service Hotline (Telephone: 1-888-206-4662).

July

  • Eastside Commercial Bank, Conyers, GA with approximately $169.0 million in total assets and $161.6 million in total deposits was closed. Community & Southern Bank has agreed to assume all deposits.
    (PR-058-2014)

June

  • The Freedom State Bank, Freedom, OK with approximately $22.8 million in total assets and $20.9 million in total deposits was closed. Alva State Bank & Trust Company has agreed to assume all deposits.
    (PR-050-2014)
  • Valley Bank, Fort Lauderdale, FL with approximately $81.8 million in total assets and $66.5 million in total deposits was closed. Landmark Bank, National Association has agreed to assume all deposits.
    (PR-048-2014)
  • Valley Bank, Moline, IL with approximately $456.4 million in total assets and $360.0 million in total deposits was closed. Great Southern Bank has agreed to assume all deposits.
    (PR-047-2014)

May

  • Slavie Federal Savings Bank, Bel Air, MD with approximately $140.1 million in total assets and $111.1 million in total deposits was closed. Bay Bank, FSB has agreed to assume all deposits.
    (PR-041-2014)
  • Columbia Savings Bank, Cincinnati, OH with approximately $36.5 million in total assets and $29.5 million in total deposits was closed. United Fidelity Bank, fsb has agreed to assume all deposits.
    (PR-036-2014)
  • AztecAmerica Bank, Berwyn, IL with approximately $66.3 million in total assets and $65.0 million in total deposits was closed. Republic Bank of Chicago has agreed to assume all deposits.
    (PR-034-2014)

April

  • Allendale County Bank, Fairfax, SC with approximately $54.5 million in total assets and $51.0 million in total deposits was closed. Palmetto State Bank has agreed to assume all deposits.
    (PR-031-2014)

February

  • Vantage Point Bank, Horsham, PA with approximately $63.5 million in total assets and $62.5 million in total deposits was closed. First Choice Bank has agreed to assume all deposits.
    (PR-017-2014)
  • Millennium Bank, National Association, Sterling, VA with approximately $130.3 million in total assets and $121.7 million in total deposits was closed. WashingtonFirst Bank has agreed to assume all deposits.
    (PR-016-2014)

January

  • Syringa Bank, Boise, ID with approximately $153.4 million in total assets and $145.1 million in total deposits was closed. Sunwest Bank has agreed to assume all deposits excluding certain brokered deposits.
    (PR-007-2014)
  • The Bank of Union, El Reno, OK with approximately $331.4 million in total assets and $328.8 million in total deposits was closed. BancFirst has agreed to assume all deposits excluding certain brokered deposits.
    (PR-005-2014)
  • DuPage National Bank, West Chicago, IL with approximately $61.7 million in total assets and $59.6 million in total deposits was closed. Republic Bank of Chicago has agreed to assume all deposits.
    (PR-004-2014)