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Federal Deposit
Insurance Corporation

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

Bank Failures in Brief – 2020

There was 1 bank failure in 2020. See detailed descriptions below.

Todate, there were no bank failures in 2020. Bank Failures in February 2020

Please select the buttons below for other years' information.

2020 Summary by Month
(Approximate asset dollar volume based on figures from the press releases)
Months Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Bank Failures 0 1 0 0 0 0 0 0 0 0 0 0
Total Assets (Millions) 0 100.9 0 0 0 0 0 0 0 0 0 0

2020 Bank Failure Details
Bank Name, City, ST Press Release
(PR)
Closing Date Approx. Asset
(Millions)
Approx. Deposit
(Millions)
Acquirer & Transaction
February
Ericson State Bank, Ericson, NE PR-011-2020 February 14, 2020 $100.9 $95.2 Farmers and Merchants Bank has agreed to assume all deposits.

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