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Bank Failures in Brief
2014
The list of Bank Failures in Brief is updated through December 19, 2014. Please address questions on this subject to the Customer Service Hotline (Telephone: 1-888-206-4662).
December
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Northern Star Bank, Mankato, MN with approximately $18.8 million in total assets and $18.2 million in total deposits was closed. BankVista has agreed to assume all deposits.
(PR-112-2014)
November
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Frontier Bank, FSB, D/B/A El Paseo Bank, Palm Desert, CA with approximately $86.4 million in total assets and $82.1 million in total deposits was closed. Bank of Southern California, N.A. has agreed to assume all deposits.
(PR-097-2014)
October
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The National Republic Bank of Chicago, Chicago, IL with approximately $954.4 million in total assets and $915.3 million in total deposits was closed. State Bank of Texas has agreed to assume all deposits excluding certain brokered deposits.
(PR-089-2014)
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NBRS Financial, Rising Sun, MD with approximately $188.2 million in total assets and $183.1 million in total deposits was closed. Howard Bank has agreed to assume all deposits.
(PR-085-2014)
July
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GreenChoice Bank, fsb, Chicago, IL with approximately $72.9 million in total assets and $71.0 million in total deposits was closed. Providence Bank, LLC has agreed to assume all deposits.
(PR-062-2014)
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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
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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)
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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)
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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
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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)
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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)
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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
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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
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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)
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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
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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)
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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)
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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)
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