Monday, December 14, 2009

FDIC Friday Night Feast (Failed Bank List as of December 11, 2009 - 133 Banks Closed This Year - $252.1 Million Total Insurance Charge)


Bank Name

City

State

CERT #

Closing Date

Updated Date

SolutionsBank Overland Park KS 4731 December 11, 2009 December 11, 2009
Valley Capital Bank, N.A. Mesa AZ 58399 December 11, 2009 December 11, 2009
Republic Federal Bank, N.A. Miami FL 22846 December 11, 2009 December 11, 2009

The FDIC closed three (3) banks on December 11, 2009 -- Republic Federal Bank in Miami, Florida; Valley Capital Bank in Mesa, Arizona; and SolutionsBank in Overland Park, Kansas.

Republic Federal Bank will cost $122.6 million against the FDIC insurance fund. Valley Capital Bank will cost $7.4 million against the FDIC insurance fund. SolutionsBank will cost $122.1 million against the FDIC insurance fund.

The total amount charged against the FDIC insurance fund today is $252,100,000 (or $252.1 million). At this point, 133 banks have closed this year.


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