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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 February 28, 2014. Please address questions on this subject to the Customer Service Hotline (Telephone: 1-888-206-4662).

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)