Bank failures in 2008

FDIC-insured banks and savings institutions recorded 25 failures in 2008, according to the FDIC.

25 FDIC-insured banks and savings institutions failed in 2008 and 5 received FDIC assistance, the FDIC records, oldest first.

3 more columns on a wider screen

Failures and assistance transactions of FDIC-insured institutions in 2008, oldest first
Date	Institution	Where	Resolution	Assets	Estimated cost
January 25, 2008	DOUGLASS NATIONAL BANK	KANSAS CITY, MO	FAILURE	$52.8 million	$7.2 million
March 7, 2008	HUME BANK	HUME, MO	FAILURE	$18.7 million	$3.8 million
May 9, 2008	ANB FINANCIAL NATIONAL ASSOCIATION	BENTONVILLE, AR	FAILURE	$1.9 billion	$1.0 billion
May 30, 2008	FIRST INTEGRITY BANK, N.A.	STAPLES, MN	FAILURE	$52.9 million	$10.3 million
July 11, 2008	INDYMAC BANK F.S.B	PASADENA, CA	FAILURE	$30.7 billion	$12.0 billion
July 25, 2008	FIRST NATIONAL BANK OF NEVADA	RENO, NV	FAILURE	$3.4 billion	$709.6 million
July 25, 2008	FIRST HERITAGE BANK N.A.	NEWPORT BEACH, CA	FAILURE	$255.4 million	$92.1 million
August 1, 2008	FIRST PRIORITY BANK	BRADENTON, FL	FAILURE	$258.6 million	$95.6 million
August 22, 2008	THE COLUMBIAN BANK AND TRUST COMPANY	TOPEKA, KS	FAILURE	$735.1 million	$334.3 million
August 29, 2008	INTEGRITY BANK	ALPHARETTA, GA	FAILURE	$1.1 billion	$465.9 million
September 5, 2008	SILVER STATE BANK	HENDERSON, NV	FAILURE	$2.0 billion	$722.1 million
September 19, 2008	AMERIBANK, INC.	NORTHFORK, WV	FAILURE	$104.0 million	$38.3 million
September 25, 2008	WASHINGTON MUTUAL BANK	HENDERSON, NV	FAILURE	$307.0 billion	$0
October 10, 2008	MERIDIAN BANK	ELDRED, IL	FAILURE	$38.2 million	$16.6 million
October 10, 2008	MAIN STREET BANK	NORTHVILLE, MI	FAILURE	$112.4 million	$56.3 million
October 24, 2008	ALPHA BANK & TRUST	ALPHARETTA, GA	FAILURE	$354.1 million	$211.3 million
October 31, 2008	FREEDOM BANK	BRADENTON, FL	FAILURE	$270.8 million	$113.5 million
November 7, 2008	SECURITY PACIFIC BANK	SAN DIEGO, CA	FAILURE	$528.0 million	$148.3 million
November 7, 2008	FRANKLIN BANK, SSB	HOUSTON, TX	FAILURE	$5.1 billion	$614.1 million
November 21, 2008	THE COMMUNITY BANK	LOGANVILLE, GA	FAILURE	$634.9 million	$335.1 million
November 21, 2008	PFF BANK & TRUST	POMONA, CA	FAILURE	$3.7 billion	$258.8 million
November 21, 2008	DOWNEY SAVINGS AND LOAN ASSOCIATION, F.A.	NEWPORT BEACH, CA	FAILURE	$12.8 billion	$151.2 million
November 23, 2008	CITIBANK, NATIONAL ASSOCIATION	LAS VEGAS, NV	ASSISTANCE	$1.2 trillion	Not published by the FDIC
November 23, 2008	CITICORP TRUST BANK, FSB	WILMINGTON, DE	ASSISTANCE	$19.6 billion	Not published by the FDIC
November 23, 2008	CITIBANK (BANAMEX USA)	CENTURY CITY, CA	ASSISTANCE	$1.3 billion	Not published by the FDIC
November 23, 2008	CITIBANK (SOUTH DAKOTA), N.A.	SIOUX FALLS, SD	ASSISTANCE	$77.7 billion	Not published by the FDIC
November 23, 2008	DEPARTMENT STORES NATIONAL BANK	SIOUX FALLS, SD	ASSISTANCE	$374.9 million	Not published by the FDIC
December 5, 2008	FIRST GEORGIA COMMUNITY BANK	JACKSON, GA	FAILURE	$256.4 million	$86.3 million
December 12, 2008	SANDERSON STATE BANK	SANDERSON, TX	FAILURE	$38.2 million	$7.7 million
December 12, 2008	HAVEN TRUST BANK	DULUTH, GA	FAILURE	$559.6 million	$246.6 million

Sources

FDIC failures — every bank failure and assistance transaction since 1934 — Federal Deposit Insurance Corporation · Public domain — U.S. Government work · retrieved September 27, 2026

Compiled automatically from FDIC failures — every bank failure and assistance transaction since 1934 by a checked SQL query · Editor: Kian O'Connor · How this site is built

Data retrieved September 30, 2026