Bank Failures in Brief

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2009  

The list of Bank Failures in Brief is updated through August 28, 2009. Please address questions on this subject to the Customer Service Hotline (telephone: 888-206-4662).

August

Affinity Bank, Ventura, CA with approximately $1 billion in assets and approximately $922 million in deposits was closed. Pacific Western Bank, San Diego, CA has agreed to assume all deposits, excluding certain brokered deposits. (PR-157-2009)

Mainstreet Bank, Forest Lake, MN with approximately $459 million in assets and approximately $434 million in deposits was closed. Central Bank, Stillwater, MN has agreed to assume all deposits, excluding certain brokered deposits. (PR-156-2009)

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