Skip Header

Federal Deposit
Insurance Corporation

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

Bid Summary

Desert Hills Bank, Phoenix, AZ
Closing Date: March 26, 2010

Winning Bidder:

New York Community Bank, Westbury, NY

Winning Bid:

All deposits, modified whole bank with loss share - Asset Discount $37 million; Deposit premium 0%

Cover (second place) Bidder:

Enterprise Bank & Trust, St. Louis, MO

Cover Bid:

All deposits P&A – Deposit premium 0.43%.

Other Bids:



Back to top

Skip Footer back to content