In America there are many banks who failed in 2009 because of recession problem. America faced a huge financial crisis last year.
Recession problem
American banks failed because of recession problem. Recession is a condition in which economy goes down and many large companies dissolved. America faced recession problem in 2009.
FDIC insured banks
FDIC is a government department and it is dealing with the failure of American banks. Those banks that are registered with FDIC are secure because this department provides extra funds for their stability.
List of banks failed in 2009
Following are the failed banks in 2009;
- First Federal Bank of California, Santa Monica, CA on 18, December, 2009 with an estimated cost to DIF ($millions) 146.3
- Imperial Capital Bank, La Jolla, CA on 18, December, 2009 with an estimated cost to DIF ($millions)619.2
- Independent Bankers’ Bank, Springfield, IL on 18, December,2009 with an estimated cost to DIF ($millions)68.4
- New South Federal Savings Bank, Irondale, AL on 18, December, 2009 with an estimated cost to DIF ($millions)212.3
- Citizens State Bank, New Baltimore, MI on 18, December, 2009 with an estimated cost to DIF ($millions)76.6
- Peoples First Community Bank, Panama City, FL on 18, December, 2009 with an estimated cost to DIF ($millions)556.7
- RockBridge Commercial Bank, Atlanta, GA on 18, December, 2009 with an estimated cost to DIF ($millions)124.2
- The Buckhead Community Bank, Atlanta, GA on 04, December, 2009 with an estimated cost to DIF ($millions)241.4
- First Security National Bank, Norcross, GA on 04, December, 2009 with an estimated cost to DIF ($millions)30.1
- The Tattnall Bank, Reidsville, GA on 04, December, 2009 with an estimated cost to DIF ($millions)13.9
- AmTrust Bank, Cleveland, OH on 04, December, 2009 with an estimated cost to DIF ($millions)200
- Benchmark Bank, Aurora, IL on 04, December, 2009 with an estimated cost to DIF ($millions)64
- Greater Atlantic Bank, Reston, VA on 04, December, 2009 with an estimated cost to DIF ($millions)35
- Commerce Bank of Southwest Florida, Fort Myers, FL on 20, November, 2009 with an estimated cost to DIF ($millions)23.6
- Pacific Coast National Bank, San Clemente, CA on 13, November, 2009 with an estimated cost to DIF ($millions)27.4
- Orion Bank, Naples, FL on 13, November, 2009 with an estimated cost to DIF ($millions)615
- Century Bank, F.S.B., Sarasota, FL on 13, November, 2009 with an estimated cost to DIF ($millions)344
- United Security Bank, Sparta, GA on 6, November, 2009 with an estimated cost to DIF ($millions)58
- Home Federal Savings Bank, Detroit, MI on 06, November, 2009 with an estimated cost to DIF ($millions)5.4
- Prosperan Bank, Oakdale, MN on 06, November, 2009 with an estimated cost to DIF ($millions)60.1
- Gateway Bank of St. Louis, St. Louis, MO on 06, November, 2009 with an estimated cost to DIF ($millions)9.2
- United Commercial Bank, San Francisco, CA on 06, November, 2009 with an estimated cost to DIF ($millions)1,400
- Bank USA, National Association, Phoenix, Arizona on 30, October, 2009 with an estimated cost to DIF ($millions)2,500**
- California National Bank, Los Angeles, California on 30, October, 2009 with an estimated cost to DIF ($millions)2,500**
- San Diego National Bank, San Diego, California on 30, October, 2009 with an estimated cost to DIF ($millions)2,500**
- Pacific National Bank, San Francisco, California on 30, October, 2009 with an estimated cost to DIF ($millions)2,500**
- Park National Bank, Chicago, Illinois on 30, October, 2009 with an estimated cost to DIF ($millions)2,500**
- Community Bank of Lemont, Lemont, Illinois on 30, October, 2009 with an estimated cost to DIF ($millions)2,500**
- North Houston Bank, Houston, Texas on 30, October, 2009 with an estimated cost to DIF ($millions)2,500**
- Madisonville State Bank, Madisonville, Texas on 30, October, 2009 with an estimated cost to DIF ($millions)2,500**
- Citizens National Bank, Teague, Texas on 30, October, 2009 with an estimated cost to DIF ($millions)2,500**
- First DuPage Bank, Westmont, IL on 23, October, 2009 with an estimated cost to DIF ($millions)59
- Riverview Community Bank, Otsego, MN on 23, October, 2009 with an estimated cost to DIF ($millions)20
- Bank of Elmwood, Racine, WI on 23, October, 2009 with an estimated cost to DIF ($millions)101.1
- Flagship National Bank, Bradenton, FL on 23, October, 2009 with an estimated cost to DIF ($millions)59
- Hillcrest Bank Florida, Naples, FL on 23, October, 2009 with an estimated cost to DIF ($millions)45
- American United Bank, Lawrenceville, GA on 23, October, 2009 with an estimated cost to DIF ($millions)44
- Partners Bank, Naples, FL on 23, October, 2009 with an estimated cost to DIF ($millions)28.6
- San Joaquin Bank, Bakersfiled, CA on 16, October, 2009 with an estimated cost to DIF ($millions)103
- Warren Bank, Warren, MI on 02, October, 2009 with an estimated cost to DIF ($millions)275
- Jennings State Bank, Spring Grove, MN on 02, October, 2009 with an estimated cost to DIF ($millions)11.7
- Southern Colorado National Bank, Pueblo, CO on 02, October, 2009 with an estimated cost to DIF ($millions)6.6
- Georgian Bank, Atlanta, GA on 25 September, 2009 with an estimated cost to DIF ($millions)892
- Irwin Union Bank, F.S.B., Louisville, KY* on 18, September, 2009 with an estimated cost to DIF ($millions)*850
- Irwin Union Bank and Trust Co., Columbus, IN* on 18, September, 2009 with an estimated cost to DIF ($millions)*850
- Corus Bank, National Association, Chicago, IL on 11, September, 2009 with an estimated cost to DIF ($millions)1,700
- Brickwell Community Bank, Woodbury, MN on 11, September, 2009 with an estimated cost to DIF ($millions)22
- Venture Bank, Lacy, WA on 11, September, 2009 with an estimated cost to DIF ($millions)298
- First Bank of Kansas City, Kansas City, MO on 04, September, 2009 with an estimated cost to DIF ($millions)6
- InBank, Oak Forest, IL on 04, September, 2009 with an estimated cost to DIF ($millions)66
- Vantus Bank, Sioux City, IA on 04, September, 2009 with an estimated cost to DIF ($millions)168
- Platinum Community Bank, Rolling Meadows, IL on 04, September, 2009 with an estimated cost to DIF ($millions)114.3
- First State Bank, Flagstaff, AZ on 04, September, 2009 with an estimated cost to DIF ($millions)47
- Bradford Bank, Baltimore, MD on 29 August, 2009 with an estimated cost to DIF ($millions)97
- Mainstreet Bank, Forest Lake, MN on 28 August, 2009 with an estimated cost to DIF ($millions)95
- Affinity Bank, Ventura, CA on 28, August, 2009 with an estimated cost to DIF ($millions)254
- eBank, Atlanta, GA on 21, August, 2009 with an estimated cost to DIF ($millions)63
- First Coweta Bank, Newman, GA on 21, August, 2009 with an estimated cost to DIF ($millions)48
- CapitalSouth Bank, Birmingham, AL on 21, August, 2009 with an estimated cost to DIF ($millions)151
- Guaranty Bank, Austin, TX on 21 August, 2009 with an estimated cost to DIF ($millions)3,000
- Community Bank of Nevada, Las Vegas, NV on 14, August, 2009 with an estimated cost to DIF ($millions)781.5
- Community Bank of Arizona, Phoenix, AZ on 14, August, 2009 with an estimated cost to DIF ($millions)26
- Union Bank, National Assoc., Gilbert, AZ on 14, August, 2009 with an estimated cost to DIF ($millions)61
- Colonial Bank, Montgomery, AL on 14, August, 2009 with an estimated cost to DIF ($millions)2,800
- Dwelling House Savings and Loan Assoc., Pittsburgh, PA on 14, August,2009 with an estimated cost to DIF ($millions)7
- Community First Bank, Prineville, OR on 07, August, 2009 with an estimated cost to DIF ($millions)45
- Community National Bank of Sarasota County, Venice, FL on 07, August, 2009 with an estimated cost to DIF ($millions)24
- First State Bank, Sarasota, FL on 07, August, 2009 with an estimated cost to DIF ($millions)116
- Mutual Bank, Harvey, IL on 31, August, 2009 with an estimated cost to DIF ($millions)696
- First BankAmericano, Elizabeth, NJ on 31, August, 2009 with an estimated cost to DIF ($millions)15
- Peoples Community Bank, West Chester, OH on 31, August, 2009 with an estimated cost to DIF ($millions)130
- First State Bank of Altus, Altus, OK on 31, August, 2009 with an estimated cost to DIF ($millions)25
- Integrity Bank, Jupiter, FL on 31, August, 2009 with an estimated cost to DIF ($millions)46
- Waterford Village Bank, Williamsville, NY on 24, July, 2009 with an estimated cost to DIF ($millions)5.6
- Security Bank of Jones County, Gray, GA on 24, July, 2009 with an estimated cost to DIF ($millions)807
- Security Bank of Houston County, Perry, GA on 24, July, 2009 with an estimated cost to DIF ($millions)807
- Security Bank of Bibb County, Macon, GA on 24, July, 2009 with an estimated cost to DIF ($millions)807
- Security Bank of North Metro, Woodstock, GA on 24 July, 2009 with an estimated cost to DIF ($millions)807
- Security Bank of North Fulton, Alpharetta, GA on 24 July, 2009 with an estimated cost to DIF ($millions)807
- Security Bank of Gwinnett County, Suwanee, GA on 24 July, 2009 with an estimated cost to DIF ($millions)807
- Temecula Valley Bank, Temecula, CA on 17, July, 2009 with an estimated cost to DIF ($millions)391
- Vineyard Bank, Rancho Cucamonga, CA on 17, July, 2009 with an estimated cost to DIF ($millions)579
- First Piedmont Bank, Winder, GA on 17, July, 2009 with an estimated cost to DIF ($millions)29
- BankFirst, Sioux Falls, SD on 17, July, 2009 with an estimated cost to DIF ($millions)91
- Bank of Wyoming, Thermopolis, WY on 10, July, 2009 with an estimated cost to DIF ($millions)27
- John Warner Bank, Clinton, IL on 02, July, 2009 with an estimated cost to DIF ($millions)10
- First State Bank of Winchester, Winchester, IL on 02, July, 2009 with an estimated cost to DIF ($millions)6
- Elizabeth State Bank, Elizabeth, IL on 02, July, 2009 with an estimated cost to DIF ($millions)11.2
- First National Bank of Danville, Danville, IL on 02, July, 2009 with an estimated cost to DIF ($millions)24
- Rock River Bank, Oregon, IL on 02, July, 2009 with an estimated cost to DIF ($millions)27.6
- Millennium State Bank of Texas, Dallas, TX on 02, July, 2009 with an estimated cost to DIF ($millions)47
- Founders Bank, Worth, IL on 02, July, 2009 with an estimated cost to DIF ($millions)188.5
- Mirae Bank, Los Angeles, CA on 24, June, 2009 with an estimated cost to DIF ($millions)50
- MetroPacific Bank, Irvine, CA on 26, June, 2009 with an estimated cost to DIF ($millions)29
- Horizon Bank, Pine City, MN on 26, June, 2009 with an estimated cost to DIF ($millions)33.5
- Neighborhood Community Bank, Newnan, GA on 26, June, 2009 with an estimated cost to DIF ($millions)66.7
- Community Bank of West Georgia, Villa Rica, GA on 26, June, 2009 with an estimated cost to DIF ($millions)85
- First National Bank of Anthony, Anthony, KS on 19, June, 2009 with an estimated cost to DIF ($millions)32.2
- Cooperative Bank, Wilmington, NC on 19, June, 2009 with an estimated cost to DIF ($millions)217
- Southern Community Bank, Fayetteville, GA on 19, June, 2009 with an estimated cost to DIF ($millions)114
- Bank of Lincolnwood, Lincolnwood, IL on 05, June, 2009 with an estimated cost to DIF ($millions)83
- Citizens National Bank, Macomb, IL on 22, May, 2009 with an estimated cost to DIF ($millions)106
- Strategic Capital Bank, Champaign, IL on 22, May, 2009 with an estimated cost to DIF ($millions)173
- BankUnited, Coral Gables, FL on 21, May, 2009 with an estimated cost to DIF ($millions)4,900
- Westsound Bank, Bremerton, WA on 08, May, 2009 with an estimated cost to DIF ($millions)108
- America West Bank, Layton, UT on 01, May, 2009 with an estimated cost to DIF ($millions)119.4
- Citizens Community Bank, Ridgewood, NJ on 01, May, 2009 with an estimated cost to DIF ($millions)18.1
- Silverton Bank, Atlanta, GA on , May, 2009 with an estimated cost to DIF ($millions)1,003
- First Bank of Idaho, Ketchum, ID on 24, April, 2009 with an estimated cost to DIF ($millions)191.2
- First Bank of Beverly Hills, CA on 24, April, 2009 with an estimated cost to DIF ($millions)394
- Michigan Heritage Bank, Farmington Hills, MI on 24, April, 2009 with an estimated cost to DIF ($millions)71.3
- American Southern Bank, Kennesaw, GA on 24, April, 2009 with an estimated cost to DIF ($millions)41.9
- Great Basin Bank, Elko, NV on 17, April, 2009 with an estimated cost to DIF ($millions)42
- American Sterling Bank, Sugar Creek, MO on 17, April, 2009 with an estimated cost to DIF ($millions)42
- New Frontier Bank, Greeley, CO on 10, April, 2009 with an estimated cost to DIF ($millions)670
- Cape Fear Bank, Wilmington, NC on 10, April, 2009 with an estimated cost to DIF ($millions)131
- Omni National Bank, Atlanta, GA on 27, April, 2009 with an estimated cost to DIF ($millions)290
- FirstCity Bank, Stockbridge, GA on 20, March, 2009 with an estimated cost to DIF ($millions)100
- Colorado National Bank, Colorado Springs, CO on 20, March, 2009 with an estimated cost to DIF ($millions)9
- Teambank, N.A., Paola, KA on 20, March, 2009 with an estimated cost to DIF ($millions)98
- Freedom Bank of Georgia, Commerce, GA on 06, March, 2009 with an estimated cost to DIF ($millions)36.2
- Security Savings Bank, Henderson, NV on 27, February, 2009 with an estimated cost to DIF ($millions)59.1
- Heritage Community Bank, Glenwood, IL on 27, February, 2009 with an estimated cost to DIF ($millions)41.6
- Silver Falls Bank, Silverton, OR on 20, February, 2009 with an estimated cost to DIF ($millions)50
- Pinnacle Bank, Beaverton, OR on 13, February, 2009 with an estimated cost to DIF ($millions)12.1
- Corn Belt Bank & Trust, Pittsfield, IL on 13, February, 2009 with an estimated cost to DIF ($millions)100
- Riverside Bank of the Gulf Coast, Cape Coral, FL on 13, February, 2009 with an estimated cost to DIF ($millions)201.5
- Sherman County Bank, Loup City, NE on 13, February, 2009 with an estimated cost to DIF ($millions)28
- County Bank, Merced, CA on 06, February, 2009 with an estimated cost to DIF ($millions)135
- Alliance Bank, Culver City, CA on 06, February, 2009 with an estimated cost to DIF ($millions)206
- FirstBank Financial Services, McDonough, GA on 06, February, 2009 with an estimated cost to DIF ($millions)111
- Ocala NB, Ocala, FL on 30, January, 2009 with an estimated cost to DIF ($millions)99.6
- Suburban FSB, Crofton, MD on 30, January, 2009 with an estimated cost to DIF ($millions)126
- Magnet Bank, Salt Lake City, UT on 30, January, 2009 with an estimated cost to DIF ($millions)119.4
- 1st Centennial Bank, Redlands, CA on 23, January, 2009 with an estimated cost to DIF ($millions)227
- Bank of Clark County, Vancouver, WA on 16, January, 2009 with an estimated cost to DIF ($millions)120 – 145
- National Bank of Commerce, Berkely, IL on 16, January, 2009 with an estimated cost to DIF ($millions)97.1
