Friday, December 04, 2009

FDIC Friday Night Feast (Failed Bank List as of December 4, 2009 - 130th Bank Closes This Year - $2.3844 Billion Total Insurance Charge)

Bank Name

City

State

CERT #

Closing Date

Updated Date

Greater Atlantic Bank Reston VA 32583 December 4, 2009 December 4, 2009
Benchmark Bank Aurora IL 10440 December 4, 2009 December 4, 2009
AmTrust Bank Cleveland OH 29776 December 4, 2009 December 4, 2009
The Tattnall Bank Reidsville GA 12080 December 4, 2009 December 4, 2009
First Security National Bank Norcross GA 26290 December 4, 2009 December 4, 2009
The Buckhead Community Bank Atlanta GA 34663 December 4, 2009 December 4, 2009

As of 6:40 pm PST, the FDIC has closed six (6) banks -- The Buckhead Community Bank in Atlanta Georgia; First Security National Bank in Norcross, Georgia; The Tattnall Bank in Reidsville, Georgia; AmTrust Bank in Cleveland, Ohio; Benchmark Bank in Aurora, Illinois; and Greater Atlantic Bank in Reston, Virginia.

The Buckhead Community Bank will cost $241.4 million against the FDIC insurance fund. First Security National Bank will cost $30.1 million against the FDIC insurance fund. The Tattnall Bank will cost $13.9 million against the FDIC insurance fund. AmTrust Bank will cost $2 billion against the FDIC insurance fund. Benchmark Bank will cost $64 million against the FDIC insurance fund. Greater Atlantic Bank will cost $35 million against the FDIC insurance fund.

The total amount charged against the FDIC insurance fund today is $2,384,400,000 (or $2.3844 billion). At this point, 130 banks have closed this year.


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