In 2010 many American banks failed because of the problem of recession. Economically America is going down day by day. Many banks face a lot of problems because of their failure.
Recession
Recession is a condition in which a country loss its economy. In 2010 America faces the problem of recession. Many people and banks suffer a lot in financial terms.
FDIC insured banks
FDIC is a Government department and it deals with the failure of banks. Those banks that failed but are registered and are insured with FDIC are secure in financial terms.
List of American banks which failed in 2010
- Copper Star Bank, Scottsdale, AZ on 12, November, 2010 with an estimated cost to DIF ($millions) 46.3
- Darby Bank & Trust Co., Vidalia, GA on 12, November, 2010 with an estimated cost to DIF ($millions) 136.2
- Tifton Banking Company, Tifton, GA on 12, November, 2010 with an estimated cost to DIF ($millions) 24.6
- First Vietnamese American Bank, Westminster, CA on 5, November, 2010 with an estimated cost to DIF ($millions) 9.6
- Pierce Commercial Bank, Tacoma, WA on 5, November, 2010 with an estimated cost to DIF ($millions) 21.3
- Western Commercial Bank, Woodland Hills, CA on 5, November, 2010 with an estimated cost to DIF ($millions) 25.2
- K Bank, Randallstown, MD on 5, November, 2010 with an estimated cost to DIF ($millions) 198.4
- First Arizona Savings, Scottsdale, AZ on 22, October, 2010 with an estimated cost to DIF ($millions) 32.8
- Hillcrest Bank, Overland Park, KS on 22, October, 2010 with an estimated cost to DIF ($millions) 329.7
- First Suburban National Bank, Maywood, IL on 22, October, 2010 with an estimated cost to DIF ($millions) 31.4
- The First National Bank of Barnesville, Barnesville, GA on 22, October, 2010 with an estimated cost to DIF ($millions) 33.9
- The Gordon Bank, Gordon, GA on 22, October, 2010 with an estimated cost to DIF ($millions) 9.0
- Progress Bank of Florida, Tampa, FL on 22, October, 2010 with an estimated cost to DIF ($millions) 25.0
- First Bank of Jacksonville, Jacksonville, FL on 22, October, 2010 with an estimated cost to DIF ($millions) 16.2
- Premier Bank, Jefferson City, MO on 15, October, 2010 with an estimated cost to DIF ($millions) 406.9
- WestBridge Bank and Trust Company, Chesterfield, MO on 15, October, 2010 with an estimated cost to DIF ($millions) 18.7
- Security Savings Bank F.S.B., Olathe, KS on 15, October, 2010 with an estimated cost to DIF ($millions) 82.2
- Shoreline Bank, Shoreline, WA on 1, October, 2010 with an estimated cost to DIF ($millions) 41.4
- Wakulla Bank, Crawfordville, FL on 1, October, 2010 with an estimated cost to DIF ($millions) 113.4
- Haven Trust Bank Florida, Ponte Verde Beach, FL on 24, September, 2010 with an estimated cost to DIF ($millions) 31.9
- North County Bank, Arlington, WA on 24, September, 2010 with an estimated cost to DIF ($millions) 72.8
- Maritime Savings Bank, West Allis, WI on 17, September, 2010 with an estimated cost to DIF ($millions) 83.6
- Bramble Savings Bank, Milford, OH on 17, September, 2010 with an estimated cost to DIF ($millions) 14.6
- The Peoples Bank, Winder, GA on 17, September, 2010 with an estimated cost to DIF ($millions) 98.9
- First Commerce Community Bank, Douglasville, GA on 17, September, 2010 with an estimated cost to DIF ($millions) 71.4
- Bank of Ellijay, Ellijay, GA on 17, September, 2010 with an estimated cost to DIF ($millions) 55.2
- ISN Bank, Cherry Hill, NJ on 17, September, 2010 with an estimated cost to DIF ($millions) 23.9
- Horizon Bank, Bradenton, FL on 10, September, 2010 with an estimated cost to DIF ($millions) 58.9
- Sonoma Valley Bank, Sonoma, CA on 20, August, 2010 with an estimated cost to DIF ($millions) 10.1
- Los Padres Bank, Solvang, CA on 20, August, 2010 with an estimated cost to DIF ($millions) 8.7
- Butte Community Bank, Chico, CA on 20, August, 2010 with an estimated cost to DIF ($millions) 17.4
- Pacific State Bank, Stockton, CA on 20, August, 2010 with an estimated cost to DIF ($millions) 32.6
- ShoreBank, Chicago, IL on 20, August, 2010 with an estimated cost to DIF ($millions) 367.7
- Imperial Savings and Loan Association, Martinsville, VA on 20, August, 2010 with an estimated cost to DIF ($millions) 3.5
- Independent National Bank, Ocala, FL on 20, August, 2010 with an estimated cost to DIF ($millions) 23.2
- Community National Bank at Bartow, Bartow, FL on 20, August, 2010 with an estimated cost to DIF ($millions) 10.3
- Palos Bank and Trust Company, Palos Heights, IL on 13, August, 2010 with an estimated cost to DIF ($millions) 72
- Ravenswood Bank, Chicago, IL on 6, August, 2010 with an estimated cost to DIF ($millions) 68.1
- LibertyBank, Eugene, OR on 30, July, 2010 with an estimated cost to DIF ($millions) 115.3
- The Cowlitz Bank, Longview, WA on 30, July, 2010 with an estimated cost to DIF ($millions) 68.9
- Coastal Community Bank, Panama City Beach, FL on 30, July, 2010 with an estimated cost to DIF ($millions) 94.5
- Bayside Savings Bank, Port Saint Joe, FL on 30, July, 2010 with an estimated cost to DIF ($millions) 16.2
- Northwest Bank and Trust, Acworth, GA on 30, July, 2010 with an estimated cost to DIF ($millions) 39.8
- Home Valley Bank, Cave Junction, OR on 23, July, 2010 with an estimated cost to DIF ($millions) 37.1
- Southwest USA Bank, Las Vegas, NV on 23, July, 2010 with an estimated cost to DIF ($millions) 74.1
- Community Security Bank, New Prague, MN on 23, July, 2010 with an estimated cost to DIF ($millions) 18.6
- Thunder Bank, Sylvan Grove, KS on 23, July, 2010 with an estimated cost to DIF ($millions) 4.5
- Williamsburg First National Bank, Kingstree, SC on 23, July, 2010 with an estimated cost to DIF ($millions) 8.8
- Crescent Bank and Trust Company, Jasper, GA on 23, July, 2010 with an estimated cost to DIF ($millions) 242.4
- Sterling Bank, Lantana, FL on 23, July, 2010 with an estimated cost to DIF ($millions) 45.5
- Mainstreet Savings Bank FSB, Hastings, MI on 16, July, 2010 with an estimated cost to DIF ($millions) 11.4
- Olde Cypress Community Bank, Clewiston, FL on 16, July, 2010 with an estimated cost to DIF ($millions) 31.5
- Turnberry Bank, Aventura, FL on 16, July, 2010 with an estimated cost to DIF ($millions) 34.4
- Metro Bank of Dade County, Miami, FL on 16, July, 2010 with an estimated cost to DIF ($millions) 67.6
- First National Bank of the South, Spartanburg, SC on 16, July, 2010 with an estimated cost to DIF ($millions) 74.9
- Woodlands Bank, Bluffton, SC on 16, July, 2010 with an estimated cost to DIF ($millions) 115
- Home National Bank, Blackwell, OK on 09, July, 2010 with an estimated cost to DIF ($millions) 78.7
- USA Bank, Port Chester, NY on 09, July, 2010 with an estimated cost to DIF ($millions) 61.7
- Ideal Federal Savings Bank, Baltimore, MD on 09, July, 2010 with an estimated cost to DIF ($millions) 2.1
- Bay National Bank, Baltimore, MD on 09, July, 2010 with an estimated cost to DIF ($millions) 17.4
- High Desert State Bank, Albuquerque, NM on 25, June, 2010 with an estimated cost to DIF ($millions) 20.9
- First National Bank, Savannah, GA on 25, June, 2010 with an estimated cost to DIF ($millions) 68.9
- Peninsula Bank, Englewood, FL on 25, June, 2010 with an estimated cost to DIF ($millions) 194.8
- Nevada Security Bank, Reno, NV on 18, June, 2010 with an estimated cost to DIF ($millions) 80.9
- Washington First International Bank, Seattle, WA on 11, June, 2010 with an estimated cost to DIF ($millions) 158.4
- TierOne Bank, Lincoln, NE on 04, June, 2010 with an estimated cost to DIF ($millions) 297.8
- Arcola Homestead Savings Bank, Arcola, IL on 04, June, 2010 with an estimated cost to DIF ($millions) 3.2
- First National Bank, Rosedale, MS on 04, June, 2010 with an estimated cost to DIF ($millions) 12.6
- Granite Community Bank, NA, Granite Bay, CA on 28, May, 2010 with an estimated cost to DIF ($millions) 17.3
- Bank of Florida — Tampa, Tampa, FL on 28, May, 2010 with an estimated cost to DIF ($millions) 40.3
- Bank of Florida — Southwest, Naples, FL on 28, May, 2010 with an estimated cost to DIF ($millions) 91.3
- Bank of Florida — Southeast, Fort Lauderdale, FL on 28, May, 2010 with an estimated cost to DIF ($millions) 71.4
- Sun West Bank, Las Vegas, NV on 28, May, 2010 with an estimated cost to DIF ($millions) 96.7
- Pinehurst Bank, Saint Paul, MN on 21, May, 2010 with an estimated cost to DIF ($millions) 6
- Midwest Bank and Trust Company, Elmwood Park, IL on 14, May, 2010 with an estimated cost to DIF ($millions) 216.4
- Southwest Community Bank, Springfield, MO on 14, May, 2010 with an estimated cost to DIF ($millions) 29
- New Liberty Bank, Plymouth, MI on 14, May, 2010 with an estimated cost to DIF ($millions) 25
- Satilla Community Bank, Saint Marys, GA on 14, May, 2010 with an estimated cost to DIF ($millions) 31.3
- 1st Pacific Bank of California, San Diego, CA on 07, May, 2010 with an estimated cost to DIF ($millions) 87.7
- Towne Bank of Arizona, Mesa, AZ on 07, May, 2010 with an estimated cost to DIF ($millions) 41.8
- Access Bank, Champlin, MN on 07, May, 2010 with an estimated cost to DIF ($millions) 5.5
- The Bank of Bonifay, Bonifay, FL on 07, May, 2010 with an estimated cost to DIF ($millions) 78.7
- Frontier Bank, Everett, WA on 30, April, 2010 with an estimated cost to DIF ($millions) 1.370
- BC National Banks, Butler, MO on 30, April, 2010 with an estimated cost to DIF ($millions) 11.4

- Champion Bank, Creve Coeur, MO on 30, April, 2010 with an estimated cost to DIF ($millions) 52.7
- CF Bancorp, Port Huron, MI on 30, April, 2010 with an estimated cost to DIF ($millions) 615.3
- Westernbank Puerto Rico, Mayaguez, PR on 30, April, 2010 with an estimated cost to DIF ($millions) 3.310
- R-G Premier Bank of Puerto Rico, Hato Rey, PR on 30, April, 2010 with an estimated cost to DIF ($millions) 1,230
- Eurobank, San Juan, PR on 30, April, 2010 with an estimated cost to DIF ($millions) 743.9
- Wheatland Bank, Naperville, IL on 23, April, 2010 with an estimated cost to DIF ($millions) 133
- Peotone Bank and Trust Company, Peotone, IL on 23, April, 2010 with an estimated cost to DIF ($millions) 31.7
- Lincoln Park Savings Bank, Chicago, IL on 23, April, 2010 with an estimated cost to DIF ($millions) 48.4
- New Century Bank, Chicago, IL on 23, April, 2010 with an estimated cost to DIF ($millions) 125.3
- Citizens Bank and Trust Company of Chicago, Chicago, IL on 23, April, 2010 with an estimated cost to DIF ($millions) 20.9
- Broadway Bank, Chicago, IL on 23, April, 2010 with an estimated cost to DIF ($millions) 394.3
- Amcore Bank, National Association, Rockford, IL on 23, April, 2010 with an estimated cost to DIF ($millions) 220.3
- City Bank, Lynnwood, WA on 16, April, 2010 with an estimated cost to DIF ($millions) 323.4
- Tamalpais, San Rafael, CA on 16, April, 2010 with an estimated cost to DIF ($millions) 81.1
- Innovative Bank, Oakland, CA on 16, April, 2010 with an estimated cost to DIF ($millions) 37.8
- Butler Bank, Lowell, MA on 16, April, 2010 with an estimated cost to DIF ($millions) 22.9
- Riverside National Bank of Florida, Fort Pierce, FL on 16, April, 2010 with an estimated cost to DIF ($millions) 491.8
- American First Bank, Clermont, FL on 16, April, 2010 with an estimated cost to DIF ($millions) 10.5
- First Federal Bank of North Florida, Palatka, FL on 16, April, 2010 with an estimated cost to DIF ($millions) 6
- Lakeside Community Bank, Sterling Heights, MI on 16, April, 2010 with an estimated cost to DIF ($millions) 11.2
- Beach First National Bank, Myrtle Beach, SC on 09, April, 2010 with an estimated cost to DIF ($millions) 130.3
- Desert Hills Bank, Phoenix, AZ on 26, March, 2010 with an estimated cost to DIF ($millions) 106.7
- Unity National Bank, Cartersville, GA on 26, March, 2010 with an estimated cost to DIF ($millions) 67.2
- Key West Bank, Key West, FL on 26, March, 2010 with an estimated cost to DIF ($millions) 23.1
- McIntosh Commercial Bank, Carrollton, GA on 26, March, 2010 with an estimated cost to DIF ($millions) 123.3
- State Bank of Aurora, Aurora, MN on 19, March, 2010 with an estimated cost to DIF ($millions) 4.2
- First Lowndes Bank, Fort Deposit, AL on 19, March, 2010 with an estimated cost to DIF ($millions) 38.3
- Bank of Hiawassee, Hiawasssee, GA on 19, March, 2010 with an estimated cost to DIF ($millions) 137.7
- Appalachian Community Bank, Ellijay, GA on 19, March, 2010 with an estimated cost to DIF ($millions) 419.3
- Advanta Bank Corp, Draper, UT on 19, March, 2010 with an estimated cost to DIF ($millions) 635.6
- Century Security Bank, Duluth, MN on 19, March, 2010 with an estimated cost to DIF ($millions) 29.9
- American National Bank, Parma, OH on 19, March, 2010 with an estimated cost to DIF ($millions) 17.1
- Statewide Bank, Covington, LA on 12, March, 2010 with an estimated cost to DIF ($millions) 38.1
- Old Southern Bank, Orlando, FL on 12, March, 2010 with an estimated cost to DIF ($millions) 94.6
- The Park Avenue Bank, New York, NY on 12, March, 2010 with an estimated cost to DIF ($millions) 50.7
- LibertyPointe Bank, New York, NY on 11, March, 2010 with an estimated cost to DIF ($millions) 24.8
- Centennial Bank, Ogden, UT on 5, March, 2010 with an estimated cost to DIF ($millions) 96.3
- Waterfield Bank, Germantown, MD on 5, March, 2010 with an estimated cost to DIF ($millions) 51
- Bank of Illinois, Normal, IL on 5, March, 2010 with an estimated cost to DIF ($millions) 53.7
- Sun American Bank, Boca Raton, FL on 5, March, 2010 with an estimated cost to DIF ($millions) 103.8
- Rainier Pacific Bank, Tacoma, WA on 26, February, 2010 with an estimated cost to DIF ($millions) 95.2
- Carson River Community Bank, Carson City, NV on 26, February, 2010 with an estimated cost to DIF ($millions) 7.9
- La Jolla Bank, F.S.B., La Jolla, CA on 19, February, 2010 with an estimated cost to DIF ($millions) 882.3
- George Washington Savings Bank, Orland Park, IL on 19, February, 2010 with an estimated cost to DIF ($millions) 141.4
- The La Coste National Bank, La Coste, TX on 19, February, 2010 with an estimated cost to DIF ($millions) 3.7
- Marco Community Bank, Marco Island, FL on 19, February, 2010 with an estimated cost to DIF ($millions) 38.1
- First American State Bank of Minnesota, Hancock, MN on 05, February, 2010 with an estimated cost to DIF ($millions) 3.1
- American Marine Bank, Bainbridge Island, WA on 29, January, 2010 with an estimated cost to DIF ($millions) 58.9
- First Regional Bank, Los Angles, CA on 29, January, 2010 with an estimated cost to DIF ($millions) 825.5
- Community Bank and Trust, Cornelia, GA on 29, January, 2010 with an estimated cost to DIF ($millions) 354.5
- Marshall Bank, N.A., Hallock, MN on 29, January, 2010 with an estimated cost to DIF ($millions) 4.1
- Florida Community Bank, Immokalee, FL on 29, January, 2010 with an estimated cost to DIF ($millions) 352.6
- First National Bank of Georgia, Carrollton, GA on 29, January, 2010 with an estimated cost to DIF ($millions) 260.4
- Columbia River Bank, The Dalles, OR on 22, January, 2010 with an estimated cost to DIF ($millions) 172.5
- Evergreen Bank, Seattle, WA on 22, January, 2010 with an estimated cost to DIF ($millions) 64.2
- Charter Bank, Santa Fe, NM on 22, January, 2010 with an estimated cost to DIF ($millions) 201.9
- Bank of Leeton, Leeton, MO on 22, January, 2010 with an estimated cost to DIF ($millions) 8.1
- Premier American Bank, Miami, FL on 22, January, 2010 with an estimated cost to DIF ($millions) 85
- Town Community Bank & Trust, Antioch, IL on 15, January, 2010 with an estimated cost to DIF ($millions) 17.8
- St. Stephen State Bank, St. Stephen, MN on 15, January, 2010 with an estimated cost to DIF ($millions) 7.2
- Barnes Banking Company, Kaysville, UT on 15, January, 2010 with an estimated cost to DIF ($millions) 271.3
- Horizon Bank, Bellingham, WA on 08, January, 2010 with an estimated cost to DIF ($millions) 539.1
Government’s support to failed banks
Government of United States of America supports those banks who failed in 2010. They pay them extra money from government accounts for their stability.
