This is a list of the largest U.S. bank failures with respect to total
assets under management at the time of the
bank failure
A bank failure occurs when a bank is unable to meet its obligations to its depositors or other creditors because it has become insolvent or too illiquid to meet its liabilities. A bank usually fails economically when the market value of its asset ...
(banks with
$1.0 billion or more in assets are listed here). Assets of the banks listed here are figures provided by the
Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC) is one of two agencies that supply deposit insurance to depositors in American depository institutions, the other being the National Credit Union Administration, which regulates and insures cr ...
.
Table
See also
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Causes of the Great Depression
The causes of the Great Depression in the early 20th century in the United States have been extensively discussed by economists and remain a matter of active debate. They are part of the larger debate about economic crises and recessions. The sp ...
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Financial crisis of 2007–2008
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of ...
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List of banks acquired or bankrupted in the United States during the financial crisis of 2007–2008
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List of bank failures in the United States (2008–present)
The Financial crisis of 2007–2008 led to a lot of bank failures in the United States. The Federal Deposit Insurance Corporation (FDIC) closed 465 failed banks from 2008 to 2012. In contrast, in the five years prior to 2008, only 10 banks failed ...
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Savings and loan crisis (which resulted in many bank failures)
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Too big to fail
"Too big to fail" (TBTF) and "too big to jail" is a theory in banking and finance that asserts that certain corporations, particularly financial institutions, are so large and so interconnected that their failure would be disastrous to the great ...
External links
Top 10 provided by Getlisty.com, which used the FDIC as its primary source; dated September 29, 2008.BusinessPundit.com lists the top 25 largest bank failures, but it includes non-U.S. banks; it is dated May 7, 2009.ABC News reported the largest U.S. bank failure of 2009, so far--as of September 2009*
ttps://www.reuters.com/article/newsOne/idUSTRE5A60BD20091107 The 120th bank to fail in the U.S., so far in 2009, had assets of $11.2 billion.Another bank failure with assets exceeding 1 billion. FDIC Failed Bank Search site
{{DEFAULTSORT:Largest U.S. Bank Failures, List Of
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Failures
Bank failures
A bank failure occurs when a bank is unable to meet its obligations to its depositors or other creditors because it has become insolvent or too illiquid to meet its liabilities. A bank usually fails economically when the market value of its assets ...
United States economic history-related lists