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Mortgage rates expected to hold steady?
June 17th, 2010 4:58 PM

Check out the information below.  What is your opinion?  I welcome your comments.

Stephen L. Smith, Manager

A.C.L. Mortgage Services, L.L.C.

steve@acl-mortgage.com

 

Mortgage rates expected to hold steady, creating an ideal scenario for buyers

Mortgage interest rates are holding steady at record lows, creating an ideal scenario for home buyers, in particular first-time ones.

Jerry Vigorito, senior vice president Atlantic National Mortgage in Westport, sees several influences holding mortgage rates down and setting the backdrop to spur the slumping housing industry.

“First-time home buyers are fueling the housing market,” Vigorito said. “There’s no pressure for interest rates to rise and those first timers can take advantage of it to jump into the market.”

At the moment, first-time home buyers are sitting in the driver’s seat. Not only can they take advantage of the 30-year fixed rate holding steady at about 4.75 percent but also enjoy a federal tax credit of $8,500. On top of those advantages, throw in low housing prices and the first-time buyers can get into more house than they might have dreamed of.

However, the Federal tax credit dries up at the end of this month which could sidetrack housing market sales. The jury is still out on what will happen. Adjustable mortgages are also holding, dipping under the 4 percent range for three, five and seven year terms.

But the Mortgage Bankers Association, a national organization representing the real estate and finance industries, reported that the flurry of mortgage applications is slowing because of the end of the Federal tax credit program. The MBA report showed a decrease of 12.2 percent in mortgage applications at the beginning of June.

Edward Deak, professor of Economics at Fairfield University, notes that several strong influences continue to bog down the housing market and are likely to continue for the time being.

•More stringent loan underwriting rules – Because of the downturn in the economy and rise in foreclosures, lenders are following stricter loan guidelines.

•Foreclosures and distressed properties continue to increase — Banks are also expected to put more foreclosed properties onto the market in the months ahead.

•Lack of confidence in the economy. The unemployment rate continues to hover around 10 percent nationally. As a result, people are reluctant to make a major commitment, such as purchasing a home.

Even though the housing industry struggles to gain traction, it should come as little surprise based on the magnitude of the global recession that settled in last year, Deak said. This downturn has proven to be one of the worst since the Great Depression.

Putting the Federal tax credit impact aside, Vigorito has seen an easing of the stringent credit guidelines that should help all home buyers. “I’ve seen credit checks ease a bit,” Vigorito said. “It’s still drastically different than it used to be. A lot of products are no longer available. But the low interest rates are helping everyone.”

Vigorito points out that many existing home owners are taking advantage of low fixed rates by refinancing, which has sparked the mortgage industry.

John Gerlach, professor of Finance at Sacred Heart University, speculates that the prolonged low interest rates could inspire more buyers to invest in the housing market. This trend could go a long way to shoring up the sagging housing industry.

“The prices of homes have come down enough that people will start to buy them as investments,” Gerlach said. “If I had to pick a highly valued investment market over the next three years it would be residential housing. This could slowly turn the market around.”

Vigorito is optimistic about an uptick in the housing market, but is aware of speculation that the possibility of creeping inflation could yank the rug from under the resurging mortgage industry.

Some economic critics fear that government spending could ignite inflation down the road. Historically, rising inflation, in turn, sparks a rise in interest rates.

“There could be some winds of change in the future,” Vigorito said. “I’ve read that current fiscal policy spending could result in inflation which is usually poison to interest rates. Remember how interest rates climbed back in the [President] Carter years when inflation ran high.”

Anthony Macari, professor of Finance and head of the MBA Program at Sacred Heart University, sees interest rates holding steady for the foreseeable future, primarily because the economy is growing at such a slow rate.

“The underlying slowness of economic recovery should offset inflation,” Macari explained. “I believe mortgage rates will hold steady for now. Any threat of inflation is probably a longer term issue, maybe two to five years out.”

Diane Nelson, president of Independent Mortgage in Fairfield, views the mortgage scenario as stable for now. As long as the economy grows slowly, mortgages should hold steady, according to her.

“There’s no reason to raise rates,” Nelson said. “When you see things start to heat up and there are signs of a major recovery, there’s just no impetus to touch mortgage rates. When the economy is in gear that’s when you see rates go up to keep thing under control. At least that’s the theory. But I’m not a prognosticator or an economist, just a mortgage guy. It’s my view from the bottom.”


Posted by Stephen L. Smith on June 17th, 2010 4:58 PMPost a Comment (0)

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RE: What are the latest bank closings???
May 16th, 2010 2:25 PM

Check out the information below.  What is your opinion, concerning failed banks?  I welcome your comments.

Stephen L. Smith, Manager

A.C.L. Mortgage Services, L.L.C.

steve@acl-mortgage.com

Failed Bank List

The FDIC is often appointed as receiver for failed banks. This page contains useful information for the customers and vendors of these banks. This includes information on the acquiring bank (if applicable), how your accounts and loans are affected, and how vendors can file claims against the receivership. Failed Financial Institution Contact Search displays point of contact information related to failed banks.

This list includes banks which have failed since October 1, 2000.

Failed Bank List - CSV file (Updated on Mondays. Also opens in Excel - Excel Help)

Bank Name

City

State

CERT #

Closing Date

Updated Date

Midwest Bank and Trust Company Elmwood Park IL 18117 May 14, 2010 May 14, 2010
Southwest Community Bank Springfield MO 34255 May 14, 2010 May 14, 2010
New Liberty Bank Plymouth MI 35586 May 14, 2010 May 14, 2010
Satilla Community Bank Saint Marys GA 35114 May 14, 2010 May 14, 2010
1st Pacific Bank of California San Diego CA 35517 May 7, 2010 May 11, 2010
Towne Bank of Arizona Mesa AZ 57697 May 7, 2010 May 11, 2010
Access Bank Champlin MN 16476 May 7, 2010 May 11, 2010
The Bank of Bonifay Bonifay FL 14246 May 7, 2010 May 11, 2010
Frontier Bank Everett WA 22710 April 30, 2010 May 4, 2010
BC National Banks Butler MO 17792 April 30, 2010 May 4, 2010
Champion Bank Creve Coeur MO 58362 April 30, 2010 May 4, 2010
CF Bancorp Port Huron MI 30005 April 30, 2010 May 4, 2010
Westernbank Puerto Rico
En Español
Mayaguez PR 31027 April 30, 2010 May 10, 2010
R-G Premier Bank of Puerto Rico
En Español
Hato Rey PR 32185 April 30, 2010 May 10, 2010
Eurobank
En Español
San Juan PR 27150 April 30, 2010 May 10, 2010
Wheatland Bank Naperville IL 58429 April 23, 2010 April 27, 2010
Peotone Bank and Trust Company Peotone IL 10888 April 23, 2010 April 27, 2010
Lincoln Park Savings Bank Chicago IL 30600 April 23, 2010 April 27, 2010
New Century Bank Chicago IL 34821 April 23, 2010 April 27, 2010
Citizens Bank and Trust Company of Chicago Chicago IL 34658 April 23, 2010 April 27, 2010
Broadway Bank Chicago IL 22853 April 23, 2010 April 27, 2010
Amcore Bank, National Association Rockford IL 3735 April 23, 2010 April 27, 2010
City Bank Lynnwood WA 21521 April 16, 2010 April 20, 2010
Tamalpais Bank San Rafael CA 33493 April 16, 2010 April 20, 2010
Innovative Bank Oakland CA 23876 April 16, 2010 April 20, 2010
Butler Bank Lowell MA 26619 April 16, 2010 April 20, 2010
Riverside National Bank of Florida Fort Pierce FL 24067 April 16, 2010 April 20, 2010
AmericanFirst Bank Clermont FL 57724 April 16, 2010 April 20, 2010
First Federal Bank of North Florida Palatka FL 28886 April 16, 2010 April 20, 2010
Lakeside Community Bank Sterling Heights MI 34878 April 16, 2010 April 20, 2010
Beach First National Bank Myrtle Beach SC 34242 April 9, 2010 April 13, 2010
Desert Hills Bank Phoenix AZ 57060 March 26, 2010 April 2, 2010
Unity National Bank Cartersville GA 34678 March 26, 2010 March 31, 2010
Key West Bank Key West FL 34684 March 26, 2010 March 31, 2010
McIntosh Commercial Bank Carrollton GA 57399 March 26, 2010 April 5, 2010
State Bank of Aurora Aurora MN 8221 March 19, 2010 March 23, 2010
First Lowndes Bank Fort Deposit AL 24957 March 19, 2010 March 23, 2010
Bank of Hiawassee Hiawassee GA 10054 March 19, 2010 March 23, 2010
Appalachian Community Bank Ellijay GA 33989 March 19, 2010 March 23, 2010
Advanta Bank Corp. Draper UT 33535 March 19, 2010 March 23, 2010
Century Security Bank Duluth GA 58104 March 19, 2010 March 23, 2010
American National Bank Parma OH 18806 March 19, 2010 March 23, 2010
Statewide Bank Covington LA 29561 March 12, 2010 March 17, 2010
Old Southern Bank Orlando FL 58182 March 12, 2010 March 17, 2010
The Park Avenue Bank New York NY 27096 March 12, 2010 April 1, 2010
LibertyPointe Bank New York NY 58071 March 11, 2010 April 1, 2010
Centennial Bank Ogden UT 34430 March 5, 2010 March 9, 2010
Waterfield Bank Germantown MD 34976 March 5, 2010 March 10, 2010
Bank of Illinois Normal IL 9268 March 5, 2010 March 10, 2010
Sun American Bank Boca Raton FL 27126 March 5, 2010 March 10, 2010
Rainier Pacific Bank Tacoma WA 38129 February 26, 2010 March 2, 2010
Carson River Community Bank Carson City NV 58352 February 26, 2010 March 2, 2010
La Jolla Bank, FSB La Jolla CA 32423 February 19, 2010 February 24, 2010
George Washington Savings Bank Orland Park IL 29952 February 19, 2010 February 24, 2010
The La Coste National Bank La Coste TX 3287 February 19, 2010 February 24, 2010
Marco Community Bank Marco Island FL 57586 February 19, 2010 February 24, 2010
1st American State Bank of Minnesota Hancock MN 15448 February 5, 2010 February 12, 2010
American Marine Bank Bainbridge Island WA 16730 January 29, 2010 February 3, 2010
First Regional Bank Los Angeles CA 23011 January 29, 2010 February 3, 2010
Community Bank and Trust Cornelia GA 5702 January 29, 2010 February 3, 2010
Marshall Bank, N.A. Hallock MN 16133 January 29, 2010 February 3, 2010
Florida Community Bank Immokalee FL 5672 January 29, 2010 February 3, 2010
First National Bank of Georgia Carrollton GA 16480 January 29, 2010 February 3, 2010
Columbia River Bank The Dalles OR 22469 January 22, 2010 February 2, 2010
Evergreen Bank Seattle WA 20501 January 22, 2010 February 2, 2010
Charter Bank Santa Fe NM 32498 January 22, 2010 February 2, 2010
Bank of Leeton Leeton MO 8265 January 22, 2010 February 2, 2010
Premier American Bank Miami FL 57147 January 22, 2010 April 5, 2010
Barnes Banking Company Kaysville UT 1252 January 15, 2010 February 3, 2010
St. Stephen State Bank St. Stephen MN 17522 January 15, 2010 January 26, 2010
Town Community Bank & Trust Antioch IL 34705 January 15, 2010 January 26, 2010
Horizon Bank Bellingham WA 22977 January 8, 2010 January 12, 2010
First Federal Bank of California, F.S.B. Santa Monica CA 28536 December 18, 2009 April 5, 2010
Imperial Capital Bank La Jolla CA 26348 December 18, 2009 December 23, 2009
Independent Bankers' Bank Springfield IL 26820 December 18, 2009 January 14, 2010
New South Federal Savings Bank Irondale AL 32276 December 18, 2009 December 23, 2009
Citizens State Bank New Baltimore MI 1006 December 18, 2009 January 8, 2010
Peoples First Community Bank Panama City FL 32167 December 18, 2009 April 2, 2010
RockBridge Commercial Bank Atlanta GA 58315 December 18, 2009 December 22, 2009
SolutionsBank Overland Park KS 4731 December 11, 2009 December 15, 2009
Valley Capital Bank, N.A. Mesa AZ 58399 December 11, 2009 December 15, 2009
Republic Federal Bank, N.A. Miami FL 22846 December 11, 2009 December 15, 2009
Greater Atlantic Bank Reston VA 32583 December 4, 2009 December 15, 2009
Benchmark Bank Aurora IL 10440 December 4, 2009 December 8, 2009
AmTrust Bank Cleveland OH 29776 December 4, 2009 April 30, 2010
The Tattnall Bank Reidsville GA 12080 December 4, 2009 December 15, 2009
First Security National Bank Norcross GA 26290 December 4, 2009 December 8, 2009
The Buckhead Community Bank Atlanta GA 34663 December 4, 2009 December 15, 2009
Commerce Bank of Southwest Florida Fort Myers FL 58016 November 20, 2009 December 15, 2009
Pacific Coast National Bank San Clemente CA 57914 November 13, 2009 November 18, 2009
Orion Bank Naples FL 22427 November 13, 2009 December 15, 2009
Century Bank, F.S.B. Sarasota FL 32267 November 13, 2009 December 15, 2009
United Commercial Bank San Francisco CA 32469 November 6, 2009 May 3, 2010
Gateway Bank of St. Louis St. Louis MO 19450 November 6, 2009 November 9, 2009
Prosperan Bank Oakdale MN 35074 November 6, 2009 November 9, 2009
Home Federal Savings Bank Detroit MI 30329 November 6, 2009 December 15, 2009
United Security Bank Sparta GA 22286 November 6, 2009 December 15, 2009
North Houston Bank Houston TX 18776 October 30, 2009 November 3, 2009
Madisonville State Bank Madisonville TX 33782 October 30, 2009 November 3, 2009
Citizens National Bank Teague TX 25222 October 30, 2009 November 3, 2009
Park National Bank Chicago IL 11677 October 30, 2009 November 3, 2009
Pacific National Bank San Francisco CA 30006 October 30, 2009 November 3, 2009
California National Bank Los Angeles CA 34659 October 30, 2009 November 3, 2009
San Diego National Bank San Diego CA 23594 October 30, 2009 November 3, 2009
Community Bank of Lemont Lemont IL 35291 October 30, 2009 November 3, 2009
Bank USA, N.A. Phoenix AZ 32218 October 30, 2009 November 3, 2009
First DuPage Bank Westmont IL 35038 October 23, 2009 November 3, 2009
Riverview Community Bank Otsego MN 57525 October 23, 2009 November 3, 2009
Bank of Elmwood Racine WI 18321 October 23, 2009 November 3, 2009
Flagship National Bank Bradenton FL 35044 October 23, 2009 October 29, 2009
Hillcrest Bank Florida Naples FL 58336 October 23, 2009 October 28, 2009
American United Bank Lawrenceville GA 57794 October 23, 2009 October 28, 2009
Partners Bank Naples FL 57959 October 23, 2009 October 28, 2009
San Joaquin Bank Bakersfield CA 23266 October 16, 2009 October 21, 2009
Southern Colorado National Bank Pueblo CO 57263 October 2, 2009 October 20, 2009
Jennings State Bank Spring Grove MN 11416 October 2, 2009 October 20, 2009
Warren Bank Warren MI 34824 October 2, 2009 October 20, 2009
Georgian Bank Atlanta GA 57151 September 25, 2009 October 13, 2009
Irwin Union Bank, F.S.B. Louisville KY 57068 September 18, 2009 April 2, 2010
Irwin Union Bank and Trust Company Columbus IN 10100 September 18, 2009 September 22, 2009
Venture Bank Lacey WA 22868 September 11, 2009 November 23, 2009
Brickwell Community Bank Woodbury MN 57736 September 11, 2009 November 23, 2009
Corus Bank, N.A. Chicago IL 13693 September 11, 2009 November 23, 2009
First State Bank Flagstaff AZ 34875 September 4, 2009 November 23, 2009
Platinum Community Bank Rolling Meadows IL 35030 September 4, 2009 November 23, 2009
Vantus Bank Sioux City IA 27732 September 4, 2009 November 23, 2009
InBank Oak Forest IL 20203 September 4, 2009 May 3, 2010
First Bank of Kansas City Kansas City MO 25231 September 4, 2009 November 23, 2009
Affinity Bank Ventura CA 27197 August 28, 2009 November 23, 2009
Mainstreet Bank Forest Lake MN 1909 August 28, 2009 November 23, 2009
Bradford Bank Baltimore MD 28312 August 28, 2009 November 23, 2009
Guaranty Bank Austin TX 32618 August 21, 2009 February 3, 2010
CapitalSouth Bank Birmingham AL 22130 August 21, 2009 November 23, 2009
First Coweta Bank Newnan GA 57702 August 21, 2009 November 23, 2009
ebank Atlanta GA 34682 August 21, 2009 November 23, 2009
Community Bank of Nevada Las Vegas NV 34043 August 14, 2009 November 23, 2009
Community Bank of Arizona Phoenix AZ 57645 August 14, 2009 November 23, 2009
Union Bank, National Association Gilbert AZ 34485 August 14, 2009 November 23, 2009
Colonial Bank Montgomery AL 9609 August 14, 2009 April 27, 2010
Dwelling House Savings and Loan Association Pittsburgh PA 31559 August 14, 2009 November 23, 2009
Community First Bank Prineville OR 23268 August 7, 2009 November 23, 2009
Community National Bank of Sarasota County Venice FL 27183 August 7, 2009 November 23, 2009
First State Bank Sarasota FL 27364 August 7, 2009 November 23, 2009
Mutual Bank Harvey IL 18659 July 31, 2009 November 23, 2009
First BankAmericano Elizabeth NJ 34270 July 31, 2009 May 14, 2010
Peoples Community Bank West Chester OH 32288 July 31, 2009 November 23, 2009
Integrity Bank Jupiter FL 57604 July 31, 2009 November 23, 2009
First State Bank of Altus Altus OK 9873 July 31, 2009 November 23, 2009
Security Bank of Jones County Gray GA 8486 July 24, 2009 November 23, 2009
Security Bank of Houston County Perry GA 27048 July 24, 2009 November 23, 2009
Security Bank of Bibb County Macon GA 27367 July 24, 2009 November 23, 2009
Security Bank of North Metro Woodstock GA 57105 July 24, 2009 November 23, 2009
Security Bank of North Fulton Alpharetta GA 57430 July 24, 2009 November 23, 2009
Security Bank of Gwinnett County Suwanee GA 57346 July 24, 2009 November 23, 2009
Waterford Village Bank Williamsville NY 58065 July 24, 2009 March 23, 2010
Temecula Valley Bank Temecula CA 34341 July 17, 2009 March 23, 2010
Vineyard Bank Rancho Cucamonga CA 23556 July 17, 2009 March 23, 2010
BankFirst Sioux Falls SD 34103 July 17, 2009 April 2, 2010
First Piedmont Bank Winder GA 34594 July 17, 2009 November 23, 2009
Bank of Wyoming Thermopolis WY 22754 July 10, 2009 November 23, 2009
Founders Bank Worth IL 18390 July 2, 2009 November 23, 2009
Millennium State Bank of Texas Dallas TX 57667 July 2, 2009 November 23, 2009
First National Bank of Danville Danville IL 3644 July 2, 2009 March 23, 2010
Elizabeth State Bank Elizabeth IL 9262 July 2, 2009 November 23, 2009
Rock River Bank Oregon IL 15302 July 2, 2009 November 23, 2009
First State Bank of Winchester Winchester IL 11710 July 2, 2009 March 23, 2010
John Warner Bank Clinton IL 12093 July 2, 2009 March 23, 2010
Mirae Bank Los Angeles CA 57332 June 26, 2009 November 23, 2009
MetroPacific Bank Irvine CA 57893 June 26, 2009 March 23, 2010
Horizon Bank Pine City MN 9744 June 26, 2009 March 23, 2010
Neighborhood Community Bank Newnan GA 35285 June 26, 2009 March 23, 2010
Community Bank of West Georgia Villa Rica GA 57436 June 26, 2009 November 23, 2009
First National Bank of Anthony Anthony KS 4614 June 19, 2009 November 23, 2009
Cooperative Bank Wilmington NC 27837 June 19, 2009 November 23, 2009
Southern Community Bank Fayetteville GA 35251 June 19, 2009 March 11, 2010
Bank of Lincolnwood Lincolnwood IL 17309 June 5, 2009 March 11, 2010
Citizens National Bank Macomb IL 5757 May 22, 2009 November 23, 2009
Strategic Capital Bank Champaign IL 35175 May 22, 2009 March 9, 2010
BankUnited, FSB Coral Gables FL 32247 May 21, 2009 November 23, 2009
Westsound Bank Bremerton WA 34843 May 8, 2009 November 23, 2009
America West Bank Layton UT 35461 May 1, 2009 November 23, 2009
Citizens Community Bank Ridgewood NJ 57563 May 1, 2009 November 23, 2009
Silverton Bank, NA Atlanta GA 26535 May 1, 2009 November 23, 2009
First Bank of Idaho Ketchum ID 34396 April 24, 2009 November 23, 2009
First Bank of Beverly Hills Calabasas CA 32069 April 24, 2009 November 23, 2009
Michigan Heritage Bank Farmington Hills MI 34369 April 24, 2009 November 23, 2009
American Southern Bank Kennesaw GA 57943 April 24, 2009 November 23, 2009
Great Basin Bank of Nevada Elko NV 33824 April 17, 2009 November 23, 2009
American Sterling Bank Sugar Creek MO 8266 April 17, 2009 November 23, 2009
New Frontier Bank Greeley CO 34881 April 10, 2009 December 23, 2009
Cape Fear Bank Wilmington NC 34639 April 10, 2009 November 23, 2009
Omni National Bank Atlanta GA 22238 March 27, 2009 November 23, 2009
TeamBank, NA Paola KS 4754 March 20, 2009 November 23, 2009
Colorado National Bank Colorado Springs CO 18896 March 20, 2009 November 23, 2009
FirstCity Bank Stockbridge GA 18243 March 20, 2009 November 23, 2009
Freedom Bank of Georgia Commerce GA 57558 March 6, 2009 November 23, 2009
Security Savings Bank Henderson NV 34820 February 27, 2009 November 23, 2009
Heritage Community Bank Glenwood IL 20078 February 27, 2009 November 23, 2009
Silver Falls Bank Silverton OR 35399 February 20, 2009 November 23, 2009
Pinnacle Bank of Oregon Beaverton OR 57342 February 13, 2009 November 23, 2009
Corn Belt Bank & Trust Co. Pittsfield IL 16500 February 13, 2009 March 23, 2010
Riverside Bank of the Gulf Coast Cape Coral FL 34563 February 13, 2009 March 23, 2010
Sherman County Bank Loup City NE 5431 February 13, 2009 November 23, 2009
County Bank Merced CA 22574 February 6, 2009 November 23, 2009
Alliance Bank Culver City CA 23124 February 6, 2009 November 23, 2009
FirstBank Financial Services McDonough GA 57017 February 6, 2009 March 23, 2010
Ocala National Bank Ocala FL 26538 January 30, 2009 November 23, 2009
Suburban FSB Crofton MD 30763 January 30, 2009 March 23, 2010
MagnetBank Salt Lake City UT 58001 January 30, 2009 November 23, 2009
1st Centennial Bank Redlands CA 33025 January 23, 2009 November 23, 2009
Bank of Clark County Vancouver WA 34959 January 16, 2009 November 23, 2009
National Bank of Commerce Berkeley IL 19733 January 16, 2009 November 23, 2009
Sanderson State Bank
En Español
Sanderson TX 11568 December 12, 2008 November 23, 2009
Haven Trust Bank Duluth GA 35379 December 12, 2008 November 23, 2009
First Georgia Community Bank Jackson GA 34301 December 5, 2008 November 23, 2009
PFF Bank & Trust Pomona CA 28344 November 21, 2008 November 23, 2009
Downey Savings & Loan Newport Beach CA 30968 November 21, 2008 November 23, 2009
Community Bank Loganville GA 16490 November 21, 2008 November 23, 2009
Security Pacific Bank Los Angeles CA 23595 November 7, 2008 November 23, 2009
Franklin Bank, SSB Houston TX 26870 November 7, 2008 November 23, 2009
Freedom Bank Bradenton FL 57930 October 31, 2008 November 23, 2009
Alpha Bank & Trust Alpharetta GA 58241 October 24, 2008 November 23, 2009
Meridian Bank Eldred IL 13789 October 10, 2008 November 23, 2009
Main Street Bank Northville MI 57654 October 10, 2008 November 23, 2009
Washington Mutual Bank
(Including its subsidiary Washington Mutual Bank FSB)
Henderson NV 32633 September 25, 2008 April 1, 2010
Ameribank Northfork WV 6782 September 19, 2008 November 23, 2009
Silver State Bank
En Español
Henderson NV 34194 September 5, 2008 November 23, 2009
Integrity Bank Alpharetta GA 35469 August 29, 2008 November 23, 2009
Columbian Bank & Trust Topeka KS 22728 August 22, 2008 November 23, 2009
First Priority Bank Bradenton FL 57523 August 1, 2008 November 23, 2009
First Heritage Bank, NA Newport Beach CA 57961 July 25, 2008 November 23, 2009
First National Bank of Nevada Reno NV 27011 July 25, 2008 November 23, 2009
IndyMac Bank Pasadena CA 29730 July 11, 2008 May 11, 2010
First Integrity Bank, NA Staples MN 12736 May 30, 2008 November 23, 2009
ANB Financial, NA Bentonville AR 33901 May 9, 2008 November 23, 2009
Hume Bank Hume MO 1971 March 7, 2008 November 23, 2009
Douglass National Bank Kansas City MO 24660 January 25, 2008 November 23, 2009
Miami Valley Bank Lakeview OH 16848 October 4, 2007 November 23, 2009
NetBank Alpharetta GA 32575 September 28, 2007 November 23, 2009
Metropolitan Savings Bank Pittsburgh PA 35353 February 2, 2007 November 23, 2009
Bank of Ephraim Ephraim UT 1249 June 25, 2004 April 9, 2008
Reliance Bank White Plains NY 26778 March 19, 2004 April 9, 2008
Guaranty National Bank
of Tallahassee
Tallahassee FL 26838 March 12, 2004 November 23, 2009
Dollar Savings Bank Newark NJ 31330 February 14, 2004 April 9, 2008
Pulaski Savings Bank Philadelphia PA 27203 November 14, 2003 July 22, 2005
First National Bank of Blanchardville Blanchardville WI 11639 May 9, 2003 August 6, 2009
Southern Pacific Bank Torrance CA 27094 February 7, 2003 October 20, 2008
Farmers Bank of Cheneyville Cheneyville LA 16445 December 17, 2002 October 20, 2004
Bank of Alamo Alamo TN 9961 November 8, 2002 March 18, 2005
AmTrade International Bank
En Español
Atlanta GA 33784 September 30, 2002 September 11, 2006
Universal Federal Savings Bank Chicago IL 29355 June 27, 2002 April 9, 2008
Connecticut Bank of Commerce Stamford CT 19183 June 26, 2002 November 23, 2009
New Century Bank Shelby Township MI 34979 March 28, 2002 March 18, 2005
Net 1st National Bank Boca Raton FL 26652 March 1, 2002 April 9, 2008
NextBank, NA Phoenix AZ 22314 February 7, 2002 November 23, 2009
Oakwood Deposit Bank Co. Oakwood OH 8966 February 1, 2002 November 23, 2009
Bank of Sierra Blanca Sierra Blanca TX 22002 January 18, 2002 November 6, 2003
Hamilton Bank, NA
En Español
Miami FL 24382 January 11, 2002 November 23, 2009
Sinclair National Bank Gravette AR 34248 September 7, 2001 February 10, 2004
Superior Bank, FSB Hinsdale IL 32646 July 27, 2001 November 23, 2009
Malta National Bank Malta OH 6629 May 3, 2001 November 18, 2002
First Alliance Bank & Trust Co. Manchester NH 34264 February 2, 2001 February 18, 2003
National State Bank of Metropolis Metropolis IL 3815 December 14, 2000 March 17, 2005
Bank of Honolulu Honolulu HI 21029 October 13, 2000 March 17, 2005



Last Updated 05/14/2010
Posted by Stephen L. Smith on May 16th, 2010 2:25 PMPost a Comment (0)

Subscribe to this blog
Failed Bank List, as of 02/12/2010
February 18th, 2010 1:00 PM

Check out the information below.  What is your opinion, concerning failed banks?  I welcome your comments.

Stephen L. Smith, Manager

A.C.L. Mortgage Services, L.L.C.

steve@acl-mortgage.com

 

Failed Bank List

The FDIC is often appointed as receiver for failed banks. This page contains useful information for the customers and vendors of these banks. This includes information on the acquiring bank (if applicable), how your accounts and loans are affected, and how vendors can file claims against the receivership. Failed Financial Institution Contact Search displays point of contact information related to failed banks.

This list includes banks which have failed since October 1, 2000.

Failed Bank List - CSV file (Updated on Mondays. Also opens in Excel - Excel Help)

Click arrows next to headers to sort in Ascending or Descending order.

Bank Name

City

State

CERT #

Closing Date

Updated Date

1st American State Bank of Minnesota Hancock MN 15448 February 5, 2010 February 12, 2010
American Marine Bank Bainbridge Island WA 16730 January 29, 2010 February 3, 2010
First Regional Bank Los Angeles CA 23011 January 29, 2010 February 3, 2010
Community Bank and Trust Cornelia GA 5702 January 29, 2010 February 3, 2010
Marshall Bank, N.A. Hallock MN 16133 January 29, 2010 February 3, 2010
Florida Community Bank Immokalee FL 5672 January 29, 2010 February 3, 2010
First National Bank of Georgia Carrollton GA 16480 January 29, 2010 February 3, 2010
Columbia River Bank The Dalles OR 22469 January 22, 2010 February 2, 2010
Evergreen Bank Seattle WA 20501 January 22, 2010 February 2, 2010
Charter Bank Santa Fe NM 32498 January 22, 2010 February 2, 2010
Bank of Leeton Leeton MO 8265 January 22, 2010 February 2, 2010
Premier American Bank Miami FL 57147 January 22, 2010 February 2, 2010
Barnes Banking Company Kaysville UT 1252 January 15, 2010 February 3, 2010
St. Stephen State Bank St. Stephen MN 17522 January 15, 2010 January 26, 2010
Town Community Bank & Trust Antioch IL 34705 January 15, 2010 January 26, 2010
Horizon Bank Bellingham WA 22977 January 8, 2010 January 12, 2010
First Federal Bank of California, F.S.B. Santa Monica CA 28536 December 18, 2009 December 23, 2009
Imperial Capital Bank La Jolla CA 26348 December 18, 2009 December 23, 2009
Independent Bankers' Bank Springfield IL 26820 December 18, 2009 January 14, 2010
New South Federal Savings Bank Irondale AL 32276 December 18, 2009 December 23, 2009
Citizens State Bank New Baltimore MI 1006 December 18, 2009 January 8, 2010
Peoples First Community Bank Panama City FL 32167 December 18, 2009 December 23, 2009
RockBridge Commercial Bank Atlanta GA 58315 December 18, 2009 December 22, 2009
SolutionsBank Overland Park KS 4731 December 11, 2009 December 15, 2009
Valley Capital Bank, N.A. Mesa AZ 58399 December 11, 2009 December 15, 2009
Republic Federal Bank, N.A. Miami FL 22846 December 11, 2009 December 15, 2009
Greater Atlantic Bank Reston VA 32583 December 4, 2009 December 15, 2009
Benchmark Bank Aurora IL 10440 December 4, 2009 December 8, 2009
AmTrust Bank Cleveland OH 29776 December 4, 2009 December 8, 2009
The Tattnall Bank Reidsville GA 12080 December 4, 2009 December 15, 2009
First Security National Bank Norcross GA 26290 December 4, 2009 December 8, 2009
The Buckhead Community Bank Atlanta GA 34663 December 4, 2009 December 15, 2009
Commerce Bank of Southwest Florida Fort Myers FL 58016 November 20, 2009 December 15, 2009
Pacific Coast National Bank San Clemente CA 57914 November 13, 2009 November 18, 2009
Orion Bank Naples FL 22427 November 13, 2009 December 15, 2009
Century Bank, F.S.B. Sarasota FL 32267 November 13, 2009 December 15, 2009
United Commercial Bank San Francisco CA 32469 November 6, 2009 November 9, 2009
Gateway Bank of St. Louis St. Louis MO 19450 November 6, 2009 November 9, 2009
Prosperan Bank Oakdale MN 35074 November 6, 2009 November 9, 2009
Home Federal Savings Bank Detroit MI 30329 November 6, 2009 December 15, 2009
United Security Bank Sparta GA 22286 November 6, 2009 December 15, 2009
North Houston Bank Houston TX 18776 October 30, 2009 November 3, 2009
Madisonville State Bank Madisonville TX 33782 October 30, 2009 November 3, 2009
Citizens National Bank Teague TX 25222 October 30, 2009 November 3, 2009
Park National Bank Chicago IL 11677 October 30, 2009 November 3, 2009
Pacific National Bank San Francisco CA 30006 October 30, 2009 November 3, 2009
California National Bank Los Angeles CA 34659 October 30, 2009 November 3, 2009
San Diego National Bank San Diego CA 23594 October 30, 2009 November 3, 2009
Community Bank of Lemont Lemont IL 35291 October 30, 2009 November 3, 2009
Bank USA, N.A. Phoenix AZ 32218 October 30, 2009 November 3, 2009
First DuPage Bank Westmont IL 35038 October 23, 2009 November 3, 2009
Riverview Community Bank Otsego MN 57525 October 23, 2009 November 3, 2009
Bank of Elmwood Racine WI 18321 October 23, 2009 November 3, 2009
Flagship National Bank Bradenton FL 35044 October 23, 2009 October 29, 2009
Hillcrest Bank Florida Naples FL 58336 October 23, 2009 October 28, 2009
American United Bank Lawrenceville GA 57794 October 23, 2009 October 28, 2009
Partners Bank Naples FL 57959 October 23, 2009 October 28, 2009
San Joaquin Bank Bakersfield CA 23266 October 16, 2009 October 21, 2009
Southern Colorado National Bank Pueblo CO 57263 October 2, 2009 October 20, 2009
Jennings State Bank Spring Grove MN 11416 October 2, 2009 October 20, 2009
Warren Bank Warren MI 34824 October 2, 2009 October 20, 2009
Georgian Bank Atlanta GA 57151 September 25, 2009 October 13, 2009
Irwin Union Bank, F.S.B. Louisville KY 57068 September 18, 2009 September 22, 2009
Irwin Union Bank and Trust Company Columbus IN 10100 September 18, 2009 September 22, 2009
Venture Bank Lacey WA 22868 September 11, 2009 November 23, 2009
Brickwell Community Bank Woodbury MN 57736 September 11, 2009 November 23, 2009
Corus Bank, N.A. Chicago IL 13693 September 11, 2009 November 23, 2009
First State Bank Flagstaff AZ 34875 September 4, 2009 November 23, 2009
Platinum Community Bank Rolling Meadows IL 35030 September 4, 2009 November 23, 2009
Vantus Bank Sioux City IA 27732 September 4, 2009 November 23, 2009
InBank Oak Forest IL 20203 September 4, 2009 November 23, 2009
First Bank of Kansas City Kansas City MO 25231 September 4, 2009 November 23, 2009
Affinity Bank Ventura CA 27197 August 28, 2009 November 23, 2009
Mainstreet Bank Forest Lake MN 1909 August 28, 2009 November 23, 2009
Bradford Bank Baltimore MD 28312 August 28, 2009 November 23, 2009
Guaranty Bank Austin TX 32618 August 21, 2009 February 3, 2010
CapitalSouth Bank Birmingham AL 22130 August 21, 2009 November 23, 2009
First Coweta Bank Newnan GA 57702 August 21, 2009 November 23, 2009
ebank Atlanta GA 34682 August 21, 2009 November 23, 2009
Community Bank of Nevada Las Vegas NV 34043 August 14, 2009 November 23, 2009
Community Bank of Arizona Phoenix AZ 57645 August 14, 2009 November 23, 2009
Union Bank, National Association Gilbert AZ 34485 August 14, 2009 November 23, 2009
Colonial Bank Montgomery AL 9609 August 14, 2009 November 23, 2009
Dwelling House Savings and Loan Association Pittsburgh PA 31559 August 14, 2009 November 23, 2009
Community First Bank Prineville OR 23268 August 7, 2009 November 23, 2009
Community National Bank of Sarasota County Venice FL 27183 August 7, 2009 November 23, 2009
First State Bank Sarasota FL 27364 August 7, 2009 November 23, 2009
Mutual Bank Harvey IL 18659 July 31, 2009 November 23, 2009
First BankAmericano Elizabeth NJ 34270 July 31, 2009 November 23, 2009
Peoples Community Bank West Chester OH 32288 July 31, 2009 November 23, 2009
Integrity Bank Jupiter FL 57604 July 31, 2009 November 23, 2009
First State Bank of Altus Altus OK 9873 July 31, 2009 November 23, 2009
Security Bank of Jones County Gray GA 8486 July 24, 2009 November 23, 2009
Security Bank of Houston County Perry GA 27048 July 24, 2009 November 23, 2009
Security Bank of Bibb County Macon GA 27367 July 24, 2009 November 23, 2009
Security Bank of North Metro Woodstock GA 57105 July 24, 2009 November 23, 2009
Security Bank of North Fulton Alpharetta GA 57430 July 24, 2009 November 23, 2009
Security Bank of Gwinnett County Suwanee GA 57346 July 24, 2009 November 23, 2009
Waterford Village Bank Williamsville NY 58065 July 24, 2009 November 23, 2009
Temecula Valley Bank Temecula CA 34341 July 17, 2009 November 23, 2009
Vineyard Bank Rancho Cucamonga CA 23556 July 17, 2009 November 23, 2009
BankFirst Sioux Falls SD 34103 July 17, 2009 November 23, 2009
First Piedmont Bank Winder GA 34594 July 17, 2009 November 23, 2009
Bank of Wyoming Thermopolis WY 22754 July 10, 2009 November 23, 2009
Founders Bank Worth IL 18390 July 2, 2009 November 23, 2009
Millennium State Bank of Texas Dallas TX 57667 July 2, 2009 November 23, 2009
First National Bank of Danville Danville IL 3644 July 2, 2009 November 23, 2009
Elizabeth State Bank Elizabeth IL 9262 July 2, 2009 November 23, 2009
Rock River Bank Oregon IL 15302 July 2, 2009 November 23, 2009
First State Bank of Winchester Winchester IL 11710 July 2, 2009 November 23, 2009
John Warner Bank Clinton IL 12093 July 2, 2009 November 23, 2009
Mirae Bank Los Angeles CA 57332 June 26, 2009 November 23, 2009
MetroPacific Bank Irvine CA 57893 June 26, 2009 November 23, 2009
Horizon Bank Pine City MN 9744 June 26, 2009 November 23, 2009
Neighborhood Community Bank Newnan GA 35285 June 26, 2009 November 23, 2009
Community Bank of West Georgia Villa Rica GA 57436 June 26, 2009 November 23, 2009
First National Bank of Anthony Anthony KS 4614 June 19, 2009 November 23, 2009
Cooperative Bank Wilmington NC 27837 June 19, 2009 November 23, 2009
Southern Community Bank Fayetteville GA 35251 June 19, 2009 November 23, 2009
Bank of Lincolnwood Lincolnwood IL 17309 June 5, 2009 November 23, 2009
Citizens National Bank Macomb IL 5757 May 22, 2009 November 23, 2009
Strategic Capital Bank Champaign IL 35175 May 22, 2009 November 23, 2009
BankUnited, FSB Coral Gables FL 32247 May 21, 2009 November 23, 2009
Westsound Bank Bremerton WA 34843 May 8, 2009 November 23, 2009
America West Bank Layton UT 35461 May 1, 2009 November 23, 2009
Citizens Community Bank Ridgewood NJ 57563 May 1, 2009 November 23, 2009
Silverton Bank, NA Atlanta GA 26535 May 1, 2009 November 23, 2009
First Bank of Idaho Ketchum ID 34396 April 24, 2009 November 23, 2009
First Bank of Beverly Hills Calabasas CA 32069 April 24, 2009 November 23, 2009
Michigan Heritage Bank Farmington Hills MI 34369 April 24, 2009 November 23, 2009
American Southern Bank Kennesaw GA 57943 April 24, 2009 November 23, 2009
Great Basin Bank of Nevada Elko NV 33824 April 17, 2009 November 23, 2009
American Sterling Bank Sugar Creek MO 8266 April 17, 2009 November 23, 2009
New Frontier Bank Greeley CO 34881 April 10, 2009 December 23, 2009
Cape Fear Bank Wilmington NC 34639 April 10, 2009 November 23, 2009
Omni National Bank Atlanta GA 22238 March 27, 2009 November 23, 2009
TeamBank, NA Paola KS 4754 March 20, 2009 November 23, 2009
Colorado National Bank Colorado Springs CO 18896 March 20, 2009 November 23, 2009
FirstCity Bank Stockbridge GA 18243 March 20, 2009 November 23, 2009
Freedom Bank of Georgia Commerce GA 57558 March 6, 2009 November 23, 2009
Security Savings Bank Henderson NV 34820 February 27, 2009 November 23, 2009
Heritage Community Bank Glenwood IL 20078 February 27, 2009 November 23, 2009
Silver Falls Bank Silverton OR 35399 February 20, 2009 November 23, 2009
Pinnacle Bank of Oregon Beaverton OR 57342 February 13, 2009 November 23, 2009
Corn Belt Bank & Trust Co. Pittsfield IL 16500 February 13, 2009 November 23, 2009
Riverside Bank of the Gulf Coast Cape Coral FL 34563 February 13, 2009 November 23, 2009
Sherman County Bank Loup City NE 5431 February 13, 2009 November 23, 2009
County Bank Merced CA 22574 February 6, 2009 November 23, 2009
Alliance Bank Culver City CA 23124 February 6, 2009 November 23, 2009
FirstBank Financial Services McDonough GA 57017 February 6, 2009 November 23, 2009
Ocala National Bank Ocala FL 26538 January 30, 2009 November 23, 2009
Suburban FSB Crofton MD 30763 January 30, 2009 November 23, 2009
MagnetBank Salt Lake City UT 58001 January 30, 2009 November 23, 2009
1st Centennial Bank Redlands CA 33025 January 23, 2009 November 23, 2009
Bank of Clark County Vancouver WA 34959 January 16, 2009 November 23, 2009
National Bank of Commerce Berkeley IL 19733 January 16, 2009 November 23, 2009
Sanderson State Bank
En Español
Sanderson TX 11568 December 12, 2008 November 23, 2009
Haven Trust Bank Duluth GA 35379 December 12, 2008 November 23, 2009
First Georgia Community Bank Jackson GA 34301 December 5, 2008 November 23, 2009
PFF Bank & Trust Pomona CA 28344 November 21, 2008 November 23, 2009
Downey Savings & Loan Newport Beach CA 30968 November 21, 2008 November 23, 2009
Community Bank Loganville GA 16490 November 21, 2008 November 23, 2009
Security Pacific Bank Los Angeles CA 23595 November 7, 2008 November 23, 2009
Franklin Bank, SSB Houston TX 26870 November 7, 2008 November 23, 2009
Freedom Bank Bradenton FL 57930 October 31, 2008 November 23, 2009
Alpha Bank & Trust Alpharetta GA 58241 October 24, 2008 November 23, 2009
Meridian Bank Eldred IL 13789 October 10, 2008 November 23, 2009
Main Street Bank Northville MI 57654 October 10, 2008 November 23, 2009
Washington Mutual Bank
(Including its subsidiary Washington Mutual Bank FSB)
Henderson NV 32633 September 25, 2008 November 23, 2009
Ameribank Northfork WV 6782 September 19, 2008 November 23, 2009
Silver State Bank
En Español
Henderson NV 34194 September 5, 2008 November 23, 2009
Integrity Bank Alpharetta GA 35469 August 29, 2008 November 23, 2009
Columbian Bank & Trust Topeka KS 22728 August 22, 2008 November 23, 2009
First Priority Bank Bradenton FL 57523 August 1, 2008 November 23, 2009
First Heritage Bank, NA Newport Beach CA 57961 July 25, 2008 November 23, 2009
First National Bank of Nevada Reno NV 27011 July 25, 2008 November 23, 2009
IndyMac Bank Pasadena CA 29730 July 11, 2008 February 1, 2010
First Integrity Bank, NA Staples MN 12736 May 30, 2008 November 23, 2009
ANB Financial, NA Bentonville AR 33901 May 9, 2008 November 23, 2009
Hume Bank Hume MO 1971 March 7, 2008 November 23, 2009
Douglass National Bank Kansas City MO 24660 January 25, 2008 November 23, 2009
Miami Valley Bank Lakeview OH 16848 October 4, 2007 November 23, 2009
NetBank Alpharetta GA 32575 September 28, 2007 November 23, 2009
Metropolitan Savings Bank Pittsburgh PA 35353 February 2, 2007 November 23, 2009
Bank of Ephraim Ephraim UT 1249 June 25, 2004 April 9, 2008
Reliance Bank White Plains NY 26778 March 19, 2004 April 9, 2008
Guaranty National Bank
of Tallahassee
Tallahassee FL 26838 March 12, 2004 November 23, 2009
Dollar Savings Bank Newark NJ 31330 February 14, 2004 April 9, 2008
Pulaski Savings Bank Philadelphia PA 27203 November 14, 2003 July 22, 2005
First National Bank of Blanchardville Blanchardville WI 11639 May 9, 2003 August 6, 2009
Southern Pacific Bank Torrance CA 27094 February 7, 2003 October 20, 2008
Farmers Bank of Cheneyville Cheneyville LA 16445 December 17, 2002 October 20, 2004
Bank of Alamo Alamo TN 9961 November 8, 2002 March 18, 2005
AmTrade International Bank
En Español
Atlanta GA 33784 September 30, 2002 September 11, 2006
Universal Federal Savings Bank Chicago IL 29355 June 27, 2002 April 9, 2008
Connecticut Bank of Commerce Stamford CT 19183 June 26, 2002 November 23, 2009
New Century Bank Shelby Township MI 34979 March 28, 2002 March 18, 2005
Net 1st National Bank Boca Raton FL 26652 March 1, 2002 April 9, 2008
NextBank, NA Phoenix AZ 22314 February 7, 2002 November 23, 2009
Oakwood Deposit Bank Co. Oakwood OH 8966 February 1, 2002 November 23, 2009
Bank of Sierra Blanca Sierra Blanca TX 22002 January 18, 2002 November 6, 2003
Hamilton Bank, NA
En Español
Miami FL 24382 January 11, 2002 November 23, 2009
Sinclair National Bank Gravette AR 34248 September 7, 2001 February 10, 2004
Superior Bank, FSB Hinsdale IL 32646 July 27, 2001 November 23, 2009
Malta National Bank Malta OH 6629 May 3, 2001 November 18, 2002
First Alliance Bank & Trust Co. Manchester NH 34264 February 2, 2001 February 18, 2003
National State Bank of Metropolis Metropolis IL 3815 December 14, 2000 March 17, 2005
Bank of Honolulu Honolulu HI 21029 October 13, 2000 March 17, 2005



Last Updated 02/12/2010


Posted by Stephen L. Smith on February 18th, 2010 1:00 PMPost a Comment (0)

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Failed Bank List - updated 01/19/2010
January 19th, 2010 5:24 PM

Check out the information below.  What is your opinion, concerning failed banks?  I welcome your comments.

Stephen L. Smith, Manager

A.C.L. Mortgage Services, L.L.C.

steve@acl-mortgage.com

 

Failed Bank List



The FDIC is often appointed as receiver for failed banks. This page contains useful information for the customers and vendors of these banks. This includes information on the acquiring bank (if applicable), how your accounts and loans are affected, and how vendors can file claims against the receivership. Failed Financial Institution Contact Search displays point of contact information related to failed banks.

This list includes banks which have failed since October 1, 2000.

Failed Bank List - CSV (Also opens in Excel - Excel Help)

Click arrows next to headers to sort in Ascending or Descending order.

Bank Name

City

State

CERT #

Closing Date

Updated Date

Barnes Banking Company Kaysville UT 1252 January 15, 2010 January 19, 2010
St. Stephen State Bank St. Stephen MN 17522 January 15, 2010 January 19, 2010
Town Community Bank & Trust Antioch IL 34705 January 15, 2010 January 19, 2010
Horizon Bank Bellingham WA 22977 January 8, 2010 January 12, 2010
First Federal Bank of California, F.S.B. Santa Monica CA 28536 December 18, 2009 December 23, 2009
Imperial Capital Bank La Jolla CA 26348 December 18, 2009 December 23, 2009
Independent Bankers' Bank Springfield IL 26820 December 18, 2009 January 14, 2010
New South Federal Savings Bank Irondale AL 32276 December 18, 2009 December 23, 2009
Citizens State Bank New Baltimore MI 1006 December 18, 2009 January 8, 2010
Peoples First Community Bank Panama City FL 32167 December 18, 2009 December 23, 2009
RockBridge Commercial Bank Atlanta GA 58315 December 18, 2009 December 22, 2009
SolutionsBank Overland Park KS 4731 December 11, 2009 December 15, 2009
Valley Capital Bank, N.A. Mesa AZ 58399 December 11, 2009 December 15, 2009
Republic Federal Bank, N.A. Miami FL 22846 December 11, 2009 December 15, 2009
Greater Atlantic Bank Reston VA 32583 December 4, 2009 December 15, 2009
Benchmark Bank Aurora IL 10440 December 4, 2009 December 8, 2009
AmTrust Bank Cleveland OH 29776 December 4, 2009 December 8, 2009
The Tattnall Bank Reidsville GA 12080 December 4, 2009 December 15, 2009
First Security National Bank Norcross GA 26290 December 4, 2009 December 8, 2009
The Buckhead Community Bank Atlanta GA 34663 December 4, 2009 December 15, 2009
Commerce Bank of Southwest Florida Fort Myers FL 58016 November 20, 2009 December 15, 2009
Pacific Coast National Bank San Clemente CA 57914 November 13, 2009 November 18, 2009
Orion Bank Naples FL 22427 November 13, 2009 December 15, 2009
Century Bank, F.S.B. Sarasota FL 32267 November 13, 2009 December 15, 2009
United Commercial Bank San Francisco CA 32469 November 6, 2009 November 9, 2009
Gateway Bank of St. Louis St. Louis MO 19450 November 6, 2009 November 9, 2009
Prosperan Bank Oakdale MN 35074 November 6, 2009 November 9, 2009
Home Federal Savings Bank Detroit MI 30329 November 6, 2009 December 15, 2009
United Security Bank Sparta GA 22286 November 6, 2009 December 15, 2009
North Houston Bank Houston TX 18776 October 30, 2009 November 3, 2009
Madisonville State Bank Madisonville TX 33782 October 30, 2009 November 3, 2009
Citizens National Bank Teague TX 25222 October 30, 2009 November 3, 2009
Park National Bank Chicago IL 11677 October 30, 2009 November 3, 2009
Pacific National Bank San Francisco CA 30006 October 30, 2009 November 3, 2009
California National Bank Los Angeles CA 34659 October 30, 2009 November 3, 2009
San Diego National Bank San Diego CA 23594 October 30, 2009 November 3, 2009
Community Bank of Lemont Lemont IL 35291 October 30, 2009 November 3, 2009
Bank USA, N.A. Phoenix AZ 32218 October 30, 2009 November 3, 2009
First DuPage Bank Westmont IL 35038 October 23, 2009 November 3, 2009
Riverview Community Bank Otsego MN 57525 October 23, 2009 November 3, 2009
Bank of Elmwood Racine WI 18321 October 23, 2009 November 3, 2009
Flagship National Bank Bradenton FL 35044 October 23, 2009 October 29, 2009
Hillcrest Bank Florida Naples FL 58336 October 23, 2009 October 28, 2009
American United Bank Lawrenceville GA 57794 October 23, 2009 October 28, 2009
Partners Bank Naples FL 57959 October 23, 2009 October 28, 2009
San Joaquin Bank Bakersfield CA 23266 October 16, 2009 October 21, 2009
Southern Colorado National Bank Pueblo CO 57263 October 2, 2009 October 20, 2009
Jennings State Bank Spring Grove MN 11416 October 2, 2009 October 20, 2009
Warren Bank Warren MI 34824 October 2, 2009 October 20, 2009
Georgian Bank Atlanta GA 57151 September 25, 2009 October 13, 2009
Irwin Union Bank, F.S.B. Louisville KY 57068 September 18, 2009 September 22, 2009
Irwin Union Bank and Trust Company Columbus IN 10100 September 18, 2009 September 22, 2009
Venture Bank Lacey WA 22868 September 11, 2009 November 23, 2009
Brickwell Community Bank Woodbury MN 57736 September 11, 2009 November 23, 2009
Corus Bank, N.A. Chicago IL 13693 September 11, 2009 November 23, 2009
First State Bank Flagstaff AZ 34875 September 4, 2009 November 23, 2009
Platinum Community Bank Rolling Meadows IL 35030 September 4, 2009 November 23, 2009
Vantus Bank Sioux City IA 27732 September 4, 2009 November 23, 2009
InBank Oak Forest IL 20203 September 4, 2009 November 23, 2009
First Bank of Kansas City Kansas City MO 25231 September 4, 2009 November 23, 2009
Affinity Bank Ventura CA 27197 August 28, 2009 November 23, 2009
Mainstreet Bank Forest Lake MN 1909 August 28, 2009 November 23, 2009
Bradford Bank Baltimore MD 28312 August 28, 2009 November 23, 2009
Guaranty Bank Austin TX 32618 August 21, 2009 November 23, 2009
CapitalSouth Bank Birmingham AL 22130 August 21, 2009 November 23, 2009
First Coweta Bank Newnan GA 57702 August 21, 2009 November 23, 2009
ebank Atlanta GA 34682 August 21, 2009 November 23, 2009
Community Bank of Nevada Las Vegas NV 34043 August 14, 2009 November 23, 2009
Community Bank of Arizona Phoenix AZ 57645 August 14, 2009 November 23, 2009
Union Bank, National Association Gilbert AZ 34485 August 14, 2009 November 23, 2009
Colonial Bank Montgomery AL 9609 August 14, 2009 November 23, 2009
Dwelling House Savings and Loan Association Pittsburgh PA 31559 August 14, 2009 November 23, 2009
Community First Bank Prineville OR 23268 August 7, 2009 November 23, 2009
Community National Bank of Sarasota County Venice FL 27183 August 7, 2009 November 23, 2009
First State Bank Sarasota FL 27364 August 7, 2009 November 23, 2009
Mutual Bank Harvey IL 18659 July 31, 2009 November 23, 2009
First BankAmericano Elizabeth NJ 34270 July 31, 2009 November 23, 2009
Peoples Community Bank West Chester OH 32288 July 31, 2009 November 23, 2009
Integrity Bank Jupiter FL 57604 July 31, 2009 November 23, 2009
First State Bank of Altus Altus OK 9873 July 31, 2009 November 23, 2009
Security Bank of Jones County Gray GA 8486 July 24, 2009 November 23, 2009
Security Bank of Houston County Perry GA 27048 July 24, 2009 November 23, 2009
Security Bank of Bibb County Macon GA 27367 July 24, 2009 November 23, 2009
Security Bank of North Metro Woodstock GA 57105 July 24, 2009 November 23, 2009
Security Bank of North Fulton Alpharetta GA 57430 July 24, 2009 November 23, 2009
Security Bank of Gwinnett County Suwanee GA 57346 July 24, 2009 November 23, 2009
Waterford Village Bank Williamsville NY 58065 July 24, 2009 November 23, 2009
Temecula Valley Bank Temecula CA 34341 July 17, 2009 November 23, 2009
Vineyard Bank Rancho Cucamonga CA 23556 July 17, 2009 November 23, 2009
BankFirst Sioux Falls SD 34103 July 17, 2009 November 23, 2009
First Piedmont Bank Winder GA 34594 July 17, 2009 November 23, 2009
Bank of Wyoming Thermopolis WY 22754 July 10, 2009 November 23, 2009
Founders Bank Worth IL 18390 July 2, 2009 November 23, 2009
Millennium State Bank of Texas Dallas TX 57667 July 2, 2009 November 23, 2009
First National Bank of Danville Danville IL 3644 July 2, 2009 November 23, 2009
Elizabeth State Bank Elizabeth IL 9262 July 2, 2009 November 23, 2009
Rock River Bank Oregon IL 15302 July 2, 2009 November 23, 2009
First State Bank of Winchester Winchester IL 11710 July 2, 2009 November 23, 2009
John Warner Bank Clinton IL 12093 July 2, 2009 November 23, 2009
Mirae Bank Los Angeles CA 57332 June 26, 2009 November 23, 2009
MetroPacific Bank Irvine CA 57893 June 26, 2009 November 23, 2009
Horizon Bank Pine City MN 9744 June 26, 2009 November 23, 2009
Neighborhood Community Bank Newnan GA 35285 June 26, 2009 November 23, 2009
Community Bank of West Georgia Villa Rica GA 57436 June 26, 2009 November 23, 2009
First National Bank of Anthony Anthony KS 4614 June 19, 2009 November 23, 2009
Cooperative Bank Wilmington NC 27837 June 19, 2009 November 23, 2009
Southern Community Bank Fayetteville GA 35251 June 19, 2009 November 23, 2009
Bank of Lincolnwood Lincolnwood IL 17309 June 5, 2009 November 23, 2009
Citizens National Bank Macomb IL 5757 May 22, 2009 November 23, 2009
Strategic Capital Bank Champaign IL 35175 May 22, 2009 November 23, 2009
BankUnited, FSB Coral Gables FL 32247 May 21, 2009 November 23, 2009
Westsound Bank Bremerton WA 34843 May 8, 2009 November 23, 2009
America West Bank Layton UT 35461 May 1, 2009 November 23, 2009
Citizens Community Bank Ridgewood NJ 57563 May 1, 2009 November 23, 2009
Silverton Bank, NA Atlanta GA 26535 May 1, 2009 November 23, 2009
First Bank of Idaho Ketchum ID 34396 April 24, 2009 November 23, 2009
First Bank of Beverly Hills Calabasas CA 32069 April 24, 2009 November 23, 2009
Michigan Heritage Bank Farmington Hills MI 34369 April 24, 2009 November 23, 2009
American Southern Bank Kennesaw GA 57943 April 24, 2009 November 23, 2009
Great Basin Bank of Nevada Elko NV 33824 April 17, 2009 November 23, 2009
American Sterling Bank Sugar Creek MO 8266 April 17, 2009 November 23, 2009
New Frontier Bank Greeley CO 34881 April 10, 2009 December 23, 2009
Cape Fear Bank Wilmington NC 34639 April 10, 2009 November 23, 2009
Omni National Bank Atlanta GA 22238 March 27, 2009 November 23, 2009
TeamBank, NA Paola KS 4754 March 20, 2009 November 23, 2009
Colorado National Bank Colorado Springs CO 18896 March 20, 2009 November 23, 2009
FirstCity Bank Stockbridge GA 18243 March 20, 2009 November 23, 2009
Freedom Bank of Georgia Commerce GA 57558 March 6, 2009 November 23, 2009
Security Savings Bank Henderson NV 34820 February 27, 2009 November 23, 2009
Heritage Community Bank Glenwood IL 20078 February 27, 2009 November 23, 2009
Silver Falls Bank Silverton OR 35399 February 20, 2009 November 23, 2009
Pinnacle Bank of Oregon Beaverton OR 57342 February 13, 2009 November 23, 2009
Corn Belt Bank & Trust Co. Pittsfield IL 16500 February 13, 2009 November 23, 2009
Riverside Bank of the Gulf Coast Cape Coral FL 34563 February 13, 2009 November 23, 2009
Sherman County Bank Loup City NE 5431 February 13, 2009 November 23, 2009
County Bank Merced CA 22574 February 6, 2009 November 23, 2009
Alliance Bank Culver City CA 23124 February 6, 2009 November 23, 2009
FirstBank Financial Services McDonough GA 57017 February 6, 2009 November 23, 2009
Ocala National Bank Ocala FL 26538 January 30, 2009 November 23, 2009
Suburban FSB Crofton MD 30763 January 30, 2009 November 23, 2009
MagnetBank Salt Lake City UT 58001 January 30, 2009 November 23, 2009
1st Centennial Bank Redlands CA 33025 January 23, 2009 November 23, 2009
Bank of Clark County Vancouver WA 34959 January 16, 2009 November 23, 2009
National Bank of Commerce Berkeley IL 19733 January 16, 2009 November 23, 2009
Sanderson State Bank
En Español
Sanderson TX 11568 December 12, 2008 November 23, 2009
Haven Trust Bank Duluth GA 35379 December 12, 2008 November 23, 2009
First Georgia Community Bank Jackson GA 34301 December 5, 2008 November 23, 2009
PFF Bank & Trust Pomona CA 28344 November 21, 2008 November 23, 2009
Downey Savings & Loan Newport Beach CA 30968 November 21, 2008 November 23, 2009
Community Bank Loganville GA 16490 November 21, 2008 November 23, 2009
Security Pacific Bank Los Angeles CA 23595 November 7, 2008 November 23, 2009
Franklin Bank, SSB Houston TX 26870 November 7, 2008 November 23, 2009
Freedom Bank Bradenton FL 57930 October 31, 2008 November 23, 2009
Alpha Bank & Trust Alpharetta GA 58241 October 24, 2008 November 23, 2009
Meridian Bank Eldred IL 13789 October 10, 2008 November 23, 2009
Main Street Bank Northville MI 57654 October 10, 2008 November 23, 2009
Washington Mutual Bank Henderson NV 32633 September 25, 2008 November 23, 2009
Washington Mutual Bank FSB Park City UT 32633 September 25, 2008 November 23, 2009
Ameribank Northfork WV 6782 September 19, 2008 November 23, 2009
Silver State Bank
En Español
Henderson NV 34194 September 5, 2008 November 23, 2009
Integrity Bank Alpharetta GA 35469 August 29, 2008 November 23, 2009
Columbian Bank & Trust Topeka KS 22728 August 22, 2008 November 23, 2009
First Priority Bank Bradenton FL 57523 August 1, 2008 November 23, 2009
First Heritage Bank, NA Newport Beach CA 57961 July 25, 2008 November 23, 2009
First National Bank of Nevada Reno NV 27011 July 25, 2008 November 23, 2009
IndyMac Bank Pasadena CA 29730 July 11, 2008 November 23, 2009
First Integrity Bank, NA Staples MN 12736 May 30, 2008 November 23, 2009
ANB Financial, NA Bentonville AR 33901 May 9, 2008 November 23, 2009
Hume Bank Hume MO 1971 March 7, 2008 November 23, 2009
Douglass National Bank Kansas City MO 24660 January 25, 2008 November 23, 2009
Miami Valley Bank Lakeview OH 16848 October 4, 2007 November 23, 2009
NetBank Alpharetta GA 32575 September 28, 2007 November 23, 2009
Metropolitan Savings Bank Pittsburgh PA 35353 February 2, 2007 November 23, 2009
Bank of Ephraim Ephraim UT 1249 June 25, 2004 April 9, 2008
Reliance Bank White Plains NY 26778 March 19, 2004 April 9, 2008
Guaranty National Bank
of Tallahassee
Tallahassee FL 26838 March 12, 2004 November 23, 2009
Dollar Savings Bank Newark NJ 31330 February 14, 2004 April 9, 2008
Pulaski Savings Bank Philadelphia PA 27203 November 14, 2003 July 22, 2005
First National Bank of Blanchardville Blanchardville WI 11639 May 9, 2003 August 6, 2009
Southern Pacific Bank Torrance CA 27094 February 7, 2003 October 20, 2008
Farmers Bank of Cheneyville Cheneyville LA 16445 December 17, 2002 October 20, 2004
Bank of Alamo Alamo TN 9961 November 8, 2002 March 18, 2005
AmTrade International Bank
En Español
Atlanta GA 33784 September 30, 2002 September 11, 2006
Universal Federal Savings Bank Chicago IL 29355 June 27, 2002 April 9, 2008
Connecticut Bank of Commerce Stamford CT 19183 June 26, 2002 November 23, 2009
New Century Bank Shelby Township MI 34979 March 28, 2002 March 18, 2005
Net 1st National Bank Boca Raton FL 26652 March 1, 2002 April 9, 2008
NextBank, NA Phoenix AZ 22314 February 7, 2002 November 23, 2009
Oakwood Deposit Bank Co. Oakwood OH 8966 February 1, 2002 November 23, 2009
Bank of Sierra Blanca Sierra Blanca TX 22002 January 18, 2002 November 6, 2003
Hamilton Bank, NA
En Español
Miami FL 24382 January 11, 2002 November 23, 2009
Sinclair National Bank Gravette AR 34248 September 7, 2001 February 10, 2004
Superior Bank, FSB Hinsdale IL 32646 July 27, 2001 November 23, 2009
Malta National Bank Malta OH 6629 May 3, 2001 November 18, 2002
First Alliance Bank & Trust Co. Manchester NH 34264 February 2, 2001 February 18, 2003
National State Bank of Metropolis Metropolis IL 3815 December 14, 2000 March 17, 2005
Bank of Honolulu Honolulu HI 21029 October 13, 2000 March 17, 2005



Last Updated 01/19/2010

Posted by Stephen L. Smith on January 19th, 2010 5:24 PMPost a Comment (0)

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Are mortgage rates going up?
December 29th, 2009 1:52 PM

Stephen L. Smith, President

A.C.L. Mortgage Services, L.L.C.

Write us today!!!

Mortgage Rates On Hold Near 5.00%

Mortgage rates continued to tick higher yesterday as benchmark Treasury yields rose and prices of mortgage backed securities fell for the sixth consecutive session.   Most of the losses occurred early in the day, so price weakness was already accounted for on lender rate sheets when theywere issued.

The only market moving event that took place yesterday was the auction of $44 billion 2 year Treasury notes.  Demand was slightly above the yearly average but much lower than the previous 3 auctions.  Demand from foreign investors, known as the indirect bid, was much less than normal.  For a recap of the results, check out AQ’s commentary.   

Today at 1pm,  the Treasury will auction $42 billion 5 year notes.  If demand is strong, we could see an improvement in mortgage rates.  Matt and AQ will cover the auction results on the MBS Commentary once it is complete.

The S&P/Case Shiller Home Price Index was released this morning.  This report tracks the monthly changes in the value of residential real estate in 20 metropolitan regions across the United States.   Since our economy is driven by consumer spending, falling or rising home equity (values) affects the psyche of consumers.   During periods of declining home values, consumers are much more likely to save money and pay off debt as they watch the value of their largest investment depreciate.  Rising home values encourage new construction, remodeling, etc… which increases consumer spending.   Many economists believe that until home prices start to move higher, our economy will have a difficult time growing.  This makes tracking home sales data much more important now than in previous years. 

The report indicated that home prices were flat in October.   The 20 city index rose 0.0% from 146.51 to 146.58 in November, this follows a 0.2% increase in October.  The biggest month over month gain was in San Francisco which saw home prices increasing at a month over month rate of 1.2%. The biggest decline was recorded in Tampa,  where a 1.6% contraction printed.   Across the country, home prices are down 7.3% compared to November 2008. This was slightly worse than the 7.2% decline that was expected. 

The final report of the day was a survey on the mindset of consumers...Consumer Confidence.   An optimistic consumer is much more likely to spend money while a pessimistic consumer is more likely to save.    Economists surveyed for this month’s report expected a read of 52.5.  The report came in at 52.9; consumers were more optimistic than anticipated in December.   Yay! The market had no immediate reaction to the news.

Reports from fellow mortgage professionals indicate mortgage rates to be similar to yesterday’s.  The par 30 year conventional rate mortgage remains in the 5.00% to 5.25% range for well qualified consumers.  To secure a  par interest rate you must have a FICO credit score of 740 or higher, a loan to value at 80% or less and pay all closing costs including an estimated one point loan origination/discount/broker fee.  If you are seeking a 15 year term, you should expect a par rate of 4.375% to  4.50% with similar costs. 

There are currently two thoughts regarding the recent move higher with mortgage rates.  One side is saying that this is the start of higher mortgage rates which will continue into next year as the economy continues to improve.  The other side of the argument is the recent move higher isn’t an indication of a trend for rates next year but rather due to very low volume of activity due to market participants being on vacation over the last two weeks of the year.  What is your opinion?  Do you feel the move higher in rates will continue into next year and the days of rates under 5% are over?  Or do you feel once the first team traders come back to work from their Christmas vacations that much of the losses we have suffered will be recaptured and rates will once again move below 5.00%?


Posted by Stephen L. Smith on December 29th, 2009 1:52 PMPost a Comment (0)

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Today's daily rate lock advisory!!!
December 3rd, 2009 12:14 PM

Stephen L. Smith, President

A.C.L. Mortgage Services, L.L.C.

Write us today!!!

 

Rate Lock Advisory - Thursday Dec. 3rd



Thursday's bond market has opened in negative territory following the release of unfavorable economic news. The stock markets are mixed again with the Dow down 25 points and the Nasdaq up 3 points. The bond market is currently down 13/32, which will likely push this morning's mortgage rates higher by approximately .125 of a discount point over yesterday's morning rates.

The 3rd Quarter Productivity revision gave us a lower level of productivity than previously thought and fell short of forecasts. The 8.1% annual rate of worker productivity growth can be considered negative new for bonds because the preliminary estimate stood at 9.5% and forecasts for today's revision were 8.5%. That is still a healthy rate of productivity, but the fact that it fell short of expectations means it is bad news for bonds.

The Labor Department also gave us news that was not so good for bonds and mortgage rates. They reported that 457,000 new claims for unemployment benefits were filed last week. This was a lower total than the 480,000 that was expected and their lowest total since September of last year, meaning the employment situation may be stronger than thought. However, this data usually does not carry too much weight because it tracks only a single week's worth of new claims. Tomorrow's monthly report is a different story though.

Also worth noting is today's Senate confirmation hearing for Fed Chairman Bernanke. I don't think anything said during today's hearing will significantly affect the markets or mortgage rate. He has stated that the economy is coming out of the recession but that there is still more work to be done. Despite some early barbs in the hearing, there is little doubt that he will be confirmed for another term four-year term.

We will here again from the Labor Department tomorrow morning when they post November's Employment report. This is arguably the most important monthly report we see. It is comprised of many statistics and readings, but the most important ones are the unemployment rate, the number of news jobs added or lost during the month and average hourly earnings. Current forecasts call for no change in the unemployment rate of 10.2%, payrolls down approximately 125,000 and an increase of 0.2% in average earnings. An ideal scenario for mortgage shoppers would be a higher unemployment rate than 10.2%, a larger decline in jobs and no change in the earnings reading.

Also scheduled for release tomorrow is the October's Factory Orders report. This data is similar to last week's Durable Goods Orders release by giving us a measurement of manufacturing sector strength, except this one includes orders for both durable and non-durable goods. This data usually isn't a major influence on bond trading, but there is little chance of it impacting mortgage rates this tomorrow because the Employment report is an extremely important report. Analysts are expecting to see little change in new orders from September to October.

If I were considering financing/refinancing a home, I would.... Lock if my closing was taking place within 7 days... Lock if my closing was taking place between 8 and 20 days... Float if my closing was taking place between 21 and 60 days... Float if my closing was taking place over 60 days from now... This is only my opinion of what I would do if I were financing a home. It is only an opinion and cannot be guaranteed to be in the best interest of all/any other borrowers.

©Mortgage Commentary 2009

Posted by Stephen L. Smith on December 3rd, 2009 12:14 PMPost a Comment (0)

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FDIC Failed Bank List - 11/03/2009
November 5th, 2009 12:24 PM

Stephen L. Smith, President of A.C.L. Mortgage Services, L.L.C.

Email address:  steve@acl-mortgage.com

 

 Failed Bank List - Should we be discouraged?  I say, No!!!" 



The FDIC is often appointed as receiver for failed banks. This page contains useful information for the customers and vendors of these banks. This includes information on the acquiring bank (if applicable), how your accounts and loans are affected, and how vendors can file claims against the receivership. Failed Financial Institution Contact Search displays point of contact information related to failed banks.

This list includes banks which have failed since October 1, 2000.

Click arrows next to headers to sort in Ascending or Descending order.

Bank Name

City

State

CERT #

Closing Date

Updated Date

North Houston Bank Houston TX 18776 October 30, 2009 November 3, 2009
Madisonville State Bank Madisonville TX 33782 October 30, 2009 November 3, 2009
Citizens National Bank Teague TX 25222 October 30, 2009 November 3, 2009
Park National Bank Chicago IL 11677 October 30, 2009 November 3, 2009
Pacific National Bank San Francisco CA 30006 October 30, 2009 November 3, 2009
California National Bank Los Angeles CA 34659 October 30, 2009 November 3, 2009
San Diego National Bank San Diego CA 23594 October 30, 2009 November 3, 2009
Community Bank of Lemont Lemont IL 35291 October 30, 2009 November 3, 2009
Bank USA, N.A. Phoenix AZ 32218 October 30, 2009 November 3, 2009
First DuPage Bank Westmont IL 35038 October 23, 2009 November 3, 2009
Riverview Community Bank Otsego MN 57525 October 23, 2009 November 3, 2009
Bank of Elmwood Racine WI 18321 October 23, 2009 November 3, 2009
Flagship National Bank Bradenton FL 35044 October 23, 2009 October 29, 2009
Hillcrest Bank Florida Naples FL 58336 October 23, 2009 October 28, 2009
American United Bank Lawrenceville GA 57794 October 23, 2009 October 28, 2009
Partners Bank Naples FL 57959 October 23, 2009 October 28, 2009
San Joaquin Bank Bakersfield CA 23266 October 16, 2009 October 21, 2009
Southern Colorado National Bank Pueblo CO 57263 October 2, 2009 October 20, 2009
Jennings State Bank Spring Grove MN 11416 October 2, 2009 October 20, 2009
Warren Bank Warren MI 34824 October 2, 2009 October 20, 2009
Georgian Bank Atlanta GA 57151 September 25, 2009 October 13, 2009
Irwin Union Bank, F.S.B. Louisville KY 57068 September 18, 2009 September 22, 2009
Irwin Union Bank and Trust Company Columbus IN 10100 September 18, 2009 September 22, 2009
Venture Bank Lacey WA 22868 September 11, 2009 September 15, 2009
Brickwell Community Bank Woodbury MN 57736 September 11, 2009 September 15, 2009
Corus Bank, N.A. Chicago IL 13693 September 11, 2009 September 15, 2009
First State Bank Flagstaff AZ 34875 September 4, 2009 September 14, 2009
Platinum Community Bank Rolling Meadows IL 35030 September 4, 2009 September 14, 2009
Vantus Bank Sioux City IA 27732 September 4, 2009 September 14, 2009
InBank Oak Forest IL 20203 September 4, 2009 September 14, 2009
First Bank of Kansas City Kansas City MO 25231 September 4, 2009 September 14, 2009
Affinity Bank Ventura CA 27197 August 28, 2009 September 11, 2009
Mainstreet Bank Forest Lake MN 1909 August 28, 2009 September 11, 2009
Bradford Bank Baltimore MD 28312 August 28, 2009 September 11, 2009
Guaranty Bank Austin TX 32618 August 21, 2009 September 4, 2009
CapitalSouth Bank Birmingham AL 22130 August 21, 2009 September 11, 2009
First Coweta Bank Newnan GA 57702 August 21, 2009 September 11, 2009
ebank Atlanta GA 34682 August 21, 2009 August 25, 2009
Community Bank of Nevada Las Vegas NV 34043 August 14, 2009 September 18, 2009
Community Bank of Arizona Phoenix AZ 57645 August 14, 2009 August 19, 2009
Union Bank, National Association Gilbert AZ 34485 August 14, 2009 August 19, 2009
Colonial Bank Montgomery AL 9609 August 14, 2009 September 25, 2009
Dwelling House Savings and Loan Association Pittsburgh PA 31559 August 14, 2009 August 19, 2009
Community First Bank Prineville OR 23268 August 7, 2009 August 11, 2009
Community National Bank of Sarasota County Venice FL 27183 August 7, 2009 August 11, 2009
First State Bank Sarasota FL 27364 August 7, 2009 August 11, 2009
Mutual Bank Harvey IL 18659 July 31, 2009 August 10, 2009
First BankAmericano Elizabeth NJ 34270 July 31, 2009 August 10, 2009
Peoples Community Bank West Chester OH 32288 July 31, 2009 August 10, 2009
Integrity Bank Jupiter FL 57604 July 31, 2009 September 9, 2009
First State Bank of Altus Altus OK 9873 July 31, 2009 August 10, 2009
Security Bank of Jones County Gray GA 8486 July 24, 2009 July 30, 2009
Security Bank of Houston County Perry GA 27048 July 24, 2009 July 30, 2009
Security Bank of Bibb County Macon GA 27367 July 24, 2009 July 30, 2009
Security Bank of North Metro Woodstock GA 57105 July 24, 2009 July 30, 2009
Security Bank of North Fulton Alpharetta GA 57430 July 24, 2009 July 30, 2009
Security Bank of Gwinnett County Suwanee GA 57346 July 24, 2009 July 30, 2009
Waterford Village Bank Williamsville NY 58065 July 24, 2009 August 11, 2009
Temecula Valley Bank Temecula CA 34341 July 17, 2009 August 11, 2009
Vineyard Bank Rancho Cucamonga CA 23556 July 17, 2009 August 11, 2009
BankFirst Sioux Falls SD 34103 July 17, 2009 July 23, 2009
First Piedmont Bank Winder GA 34594 July 17, 2009 August 11, 2009
Bank of Wyoming Thermopolis WY 22754 July 10, 2009 July 15, 2009
Founders Bank Worth IL 18390 July 2, 2009 August 11, 2009
Millennium State Bank of Texas Dallas TX 57667 July 2, 2009 August 11, 2009
First National Bank of Danville Danville IL 3644 July 2, 2009 August 11, 2009
Elizabeth State Bank Elizabeth IL 9262 July 2, 2009 August 11, 2009
Rock River Bank Oregon IL 15302 July 2, 2009 August 11, 2009
First State Bank of Winchester Winchester IL 11710 July 2, 2009 August 11, 2009
John Warner Bank Clinton IL 12093 July 2, 2009 August 11, 2009
Mirae Bank Los Angeles CA 57332 June 26, 2009 August 11, 2009
MetroPacific Bank Irvine CA 57893 June 26, 2009 August 6, 2009
Horizon Bank Pine City MN 9744 June 26, 2009 August 11, 2009
Neighborhood Community Bank Newnan GA 35285 June 26, 2009 August 6, 2009
Community Bank of West Georgia Villa Rica GA 57436 June 26, 2009 August 6, 2009
First National Bank of Anthony Anthony KS 4614 June 19, 2009 August 6, 2009
Cooperative Bank Wilmington NC 27837 June 19, 2009 August 6, 2009
Southern Community Bank Fayetteville GA 35251 June 19, 2009 August 6, 2009
Bank of Lincolnwood Lincolnwood IL 17309 June 5, 2009 August 6, 2009
Citizens National Bank Macomb IL 5757 May 22, 2009 August 6, 2009
Strategic Capital Bank Champaign IL 35175 May 22, 2009 August 6, 2009
BankUnited, FSB Coral Gables FL 32247 May 21, 2009 August 6, 2009
Westsound Bank Bremerton WA 34843 May 8, 2009 August 6, 2009
America West Bank Layton UT 35461 May 1, 2009 October 20, 2009
Citizens Community Bank Ridgewood NJ 57563 May 1, 2009 August 6, 2009
Silverton Bank, NA Atlanta GA 26535 May 1, 2009 August 6, 2009
First Bank of Idaho Ketchum ID 34396 April 24, 2009 August 6, 2009
First Bank of Beverly Hills Calabasas CA 32069 April 24, 2009 August 6, 2009
Michigan Heritage Bank Farmington Hills MI 34369 April 24, 2009 August 6, 2009
American Southern Bank Kennesaw GA 57943 April 24, 2009 October 20, 2009
Great Basin Bank of Nevada Elko NV 33824 April 17, 2009 August 6, 2009
American Sterling Bank Sugar Creek MO 8266 April 17, 2009 August 6, 2009
New Frontier Bank Greeley CO 34881 April 10, 2009 August 6, 2009
Cape Fear Bank Wilmington NC 34639 April 10, 2009 August 6, 2009
Omni National Bank Atlanta GA 22238 March 27, 2009 October 14, 2009
TeamBank, NA Paola KS 4754 March 20, 2009 August 6, 2009
Colorado National Bank Colorado Springs CO 18896 March 20, 2009 August 6, 2009
FirstCity Bank Stockbridge GA 18243 March 20, 2009 August 11, 2009
Freedom Bank of Georgia Commerce GA 57558 March 6, 2009 August 6, 2009
Security Savings Bank Henderson NV 34820 February 27, 2009 August 25, 2009
Heritage Community Bank Glenwood IL 20078 February 27, 2009 August 6, 2009
Silver Falls Bank Silverton OR 35399 February 20, 2009 August 6, 2009
Pinnacle Bank of Oregon Beaverton OR 57342 February 13, 2009 August 6, 2009
Corn Belt Bank & Trust Co. Pittsfield IL 16500 February 13, 2009 August 18, 2009
Riverside Bank of the Gulf Coast Cape Coral FL 34563 February 13, 2009 August 6, 2009
Sherman County Bank Loup City NE 5431 February 13, 2009 August 6, 2009
County Bank Merced CA 22574 February 6, 2009 August 6, 2009
Alliance Bank Culver City CA 23124 February 6, 2009 August 6, 2009
FirstBank Financial Services McDonough GA 57017 February 6, 2009 August 6, 2009
Ocala National Bank Ocala FL 26538 January 30, 2009 August 6, 2009
Suburban FSB Crofton MD 30763 January 30, 2009 August 6, 2009
MagnetBank Salt Lake City UT 58001 January 30, 2009 August 6, 2009
1st Centennial Bank Redlands CA 33025 January 23, 2009 August 6, 2009
Bank of Clark County Vancouver WA 34959 January 16, 2009 October 6, 2009
National Bank of Commerce Berkeley IL 19733 January 16, 2009 August 18, 2009
Sanderson State Bank
En Español
Sanderson TX 11568 December 12, 2008 August 6, 2009
Haven Trust Bank Duluth GA 35379 December 12, 2008 August 6, 2009
First Georgia Community Bank Jackson GA 34301 December 5, 2008 August 6, 2009
PFF Bank & Trust Pomona CA 28344 November 21, 2008 August 6, 2009
Downey Savings & Loan Newport Beach CA 30968 November 21, 2008 August 6, 2009
Community Bank Loganville GA 16490 November 21, 2008 August 6, 2009
Security Pacific Bank Los Angeles CA 23595 November 7, 2008 August 6, 2009
Franklin Bank, SSB Houston TX 26870 November 7, 2008 October 14, 2009
Freedom Bank Bradenton FL 57930 October 31, 2008 August 11, 2009
Alpha Bank & Trust Alpharetta GA 58241 October 24, 2008 August 11, 2009
Meridian Bank Eldred IL 13789 October 10, 2008 August 6, 2009
Main Street Bank Northville MI 57654 October 10, 2008 August 6, 2009
Washington Mutual Bank Henderson NV 32633 September 25, 2008 April 24, 2009
Washington Mutual Bank FSB Park City UT 32633 September 25, 2008 August 14, 2009
Ameribank Northfork WV 6782 September 19, 2008 August 6, 2009
Silver State Bank
En Español
Henderson NV 34194 September 5, 2008 November 3, 2009
Integrity Bank Alpharetta GA 35469 August 29, 2008 August 6, 2009
Columbian Bank & Trust Topeka KS 22728 August 22, 2008 October 6, 2009
First Priority Bank Bradenton FL 57523 August 1, 2008 August 6, 2009
First Heritage Bank, NA Newport Beach CA 57961 July 25, 2008 August 6, 2009
First National Bank of Nevada Reno NV 27011 July 25, 2008 August 6, 2009
IndyMac Bank Pasadena CA 29730 July 11, 2008 August 6, 2009
First Integrity Bank, NA Staples MN 12736 May 30, 2008 August 6, 2009
ANB Financial, NA Bentonville AR 33901 May 9, 2008 November 3, 2009
Hume Bank Hume MO 1971 March 7, 2008 August 6, 2009
Douglass National Bank Kansas City MO 24660 January 25, 2008 August 16, 2009
Miami Valley Bank Lakeview OH 16848 October 4, 2007 August 6, 2009
NetBank Alpharetta GA 32575 September 28, 2007 August 6, 2009
Metropolitan Savings Bank Pittsburgh PA 35353 February 2, 2007 August 6, 2009
Bank of Ephraim Ephraim UT 1249 June 25, 2004 April 9, 2008
Reliance Bank White Plains NY 26778 March 19, 2004 April 9, 2008
Guaranty National Bank
of Tallahassee
Tallahassee FL 26838 March 12, 2004 August 6, 2009
Dollar Savings Bank Newark NJ 31330 February 14, 2004 April 9, 2008
Pulaski Savings Bank Philadelphia PA 27203 November 14, 2003 July 22, 2005
First National Bank of Blanchardville Blanchardville WI 11639 May 9, 2003 August 6, 2009
Southern Pacific Bank Torrance CA 27094 February 7, 2003 October 20, 2008
Farmers Bank of Cheneyville Cheneyville LA 16445 December 17, 2002 October 20, 2004
Bank of Alamo Alamo TN 9961 November 8, 2002 March 18, 2005
AmTrade International Bank
En Español
Atlanta GA 33784 September 30, 2002 September 11, 2006
Universal Federal Savings Bank Chicago IL 29355 June 27, 2002 April 9, 2008
Connecticut Bank of Commerce Stamford CT 19183 June 26, 2002 October 6, 2009
New Century Bank Shelby Township MI 34979 March 28, 2002 March 18, 2005
Net 1st National Bank Boca Raton FL 26652 March 1, 2002 April 9, 2008
NextBank, NA Phoenix AZ 22314 February 7, 2002 August 6, 2009
Oakwood Deposit Bank Co. Oakwood OH 8966 February 1, 2002 August 6, 2009
Bank of Sierra Blanca Sierra Blanca TX 22002 January 18, 2002 November 6, 2003
Hamilton Bank, NA
En Español
Miami FL 24382 January 11, 2002 August 6, 2009
Sinclair National Bank Gravette AR 34248 September 7, 2001 February 10, 2004
Superior Bank, FSB Hinsdale IL 32646 July 27, 2001 August 6, 2009
Malta National Bank Malta OH 6629 May 3, 2001 November 18, 2002
First Alliance Bank & Trust Co. Manchester NH 34264 February 2, 2001 February 18, 2003
National State Bank of Metropolis Metropolis IL 3815 December 14, 2000 March 17, 2005
Bank of Honolulu Honolulu HI 21029 October 13, 2000 March 17, 2005



Last Updated 11/03/2009 cservicefdicdal@fdic.gov

Posted by Stephen L. Smith on November 5th, 2009 12:24 PMPost a Comment (0)

Subscribe to this blog
Failed Bank List - updated 09/22/2009
September 22nd, 2009 7:22 PM

Check out the information below.  What do you think?  Let me know.  I welcome your comments!!!  THANKS!!!

Stephen L. Smith, President of A.C.L. Mortgage Services, L.L.C.

Email address:  steve@acl-mortgage.com

 

 

Failed Bank List



The FDIC is often appointed as receiver for failed banks. This page contains useful information for the customers and vendors of these banks. This includes information on the acquiring bank (if applicable), how your accounts and loans are affected, and how vendors can file claims against the receivership. Failed Financial Institution Contact Search displays point of contact information related to failed banks.

This list includes banks which have failed since October 1, 2000.

Click arrows next to headers to sort in Ascending or Descending order.

Bank Name

City

State

CERT #

Closing Date

Updated Date

Irwin Union Bank, F.S.B. Louisville KY 57068 September 18, 2009 September 22, 2009
Irwin Union Bank and Trust Company Columbus IN 10100 September 18, 2009 September 22, 2009
Venture Bank Lacey WA 22868 September 11, 2009 September 15, 2009
Brickwell Community Bank Woodbury MN 57736 September 11, 2009 September 15, 2009
Corus Bank, N.A. Chicago IL 13693 September 11, 2009 September 15, 2009
First State Bank Flagstaff AZ 34875 September 4, 2009 September 14, 2009
Platinum Community Bank Rolling Meadows IL 35030 September 4, 2009 September 14, 2009
Vantus Bank Sioux City IA 27732 September 4, 2009 September 14, 2009
InBank Oak Forest IL 20203 September 4, 2009 September 14, 2009
First Bank of Kansas City Kansas City MO 25231 September 4, 2009 September 14, 2009
Affinity Bank Ventura CA 27197 August 28, 2009 September 11, 2009
Mainstreet Bank Forest Lake MN 1909 August 28, 2009 September 11, 2009
Bradford Bank Baltimore MD 28312 August 28, 2009 September 11, 2009
Guaranty Bank Austin TX 32618 August 21, 2009 September 4, 2009
CapitalSouth Bank Birmingham AL 22130 August 21, 2009 September 11, 2009
First Coweta Bank Newnan GA 57702 August 21, 2009 September 11, 2009
ebank Atlanta GA 34682 August 21, 2009 August 25, 2009
Community Bank of Nevada Las Vegas NV 34043 August 14, 2009 September 18, 2009
Community Bank of Arizona Phoenix AZ 57645 August 14, 2009 August 19, 2009
Union Bank, National Association Gilbert AZ 34485 August 14, 2009 August 19, 2009
Colonial Bank Montgomery AL 9609 August 14, 2009 August 19, 2009
Dwelling House Savings and Loan Association Pittsburgh PA 31559 August 14, 2009 August 19, 2009
Community First Bank Prineville OR 23268 August 7, 2009 August 11, 2009
Community National Bank of Sarasota County Venice FL 27183 August 7, 2009 August 11, 2009
First State Bank Sarasota FL 27364 August 7, 2009 August 11, 2009
Mutual Bank Harvey IL 18659 July 31, 2009 August 10, 2009
First BankAmericano Elizabeth NJ 34270 July 31, 2009 August 10, 2009
Peoples Community Bank West Chester OH 32288 July 31, 2009 August 10, 2009
Integrity Bank Jupiter FL 57604 July 31, 2009 September 9, 2009
First State Bank of Altus Altus OK 9873 July 31, 2009 August 10, 2009
Security Bank of Jones County Gray GA 8486 July 24, 2009 July 30, 2009
Security Bank of Houston County Perry GA 27048 July 24, 2009 July 30, 2009
Security Bank of Bibb County Macon GA 27367 July 24, 2009 July 30, 2009
Security Bank of North Metro Woodstock GA 57105 July 24, 2009 July 30, 2009
Security Bank of North Fulton Alpharetta GA 57430 July 24, 2009 July 30, 2009
Security Bank of Gwinnett County Suwanee GA 57346 July 24, 2009 July 30, 2009
Waterford Village Bank Williamsville NY 58065 July 24, 2009 August 11, 2009
Temecula Valley Bank Temecula CA 34341 July 17, 2009 August 11, 2009
Vineyard Bank Rancho Cucamonga CA 23556 July 17, 2009 August 11, 2009
BankFirst Sioux Falls SD 34103 July 17, 2009 July 23, 2009
First Piedmont Bank Winder GA 34594 July 17, 2009 August 11, 2009
Bank of Wyoming Thermopolis WY 22754 July 10, 2009 July 15, 2009
Founders Bank Worth IL 18390 July 2, 2009 August 11, 2009
Millennium State Bank of Texas Dallas TX 57667 July 2, 2009 August 11, 2009
First National Bank of Danville Danville IL 3644 July 2, 2009 August 11, 2009
Elizabeth State Bank Elizabeth IL 9262 July 2, 2009 August 11, 2009
Rock River Bank Oregon IL 15302 July 2, 2009 August 11, 2009
First State Bank of Winchester Winchester IL 11710 July 2, 2009 August 11, 2009
John Warner Bank Clinton IL 12093 July 2, 2009 August 11, 2009
Mirae Bank Los Angeles CA 57332 June 26, 2009 August 11, 2009
MetroPacific Bank Irvine CA 57893 June 26, 2009 August 6, 2009
Horizon Bank Pine City MN 9744 June 26, 2009 August 11, 2009
Neighborhood Community Bank Newnan GA 35285 June 26, 2009 August 6, 2009
Community Bank of West Georgia Villa Rica GA 57436 June 26, 2009 August 6, 2009
First National Bank of Anthony Anthony KS 4614 June 19, 2009 August 6, 2009
Cooperative Bank Wilmington NC 27837 June 19, 2009 August 6, 2009
Southern Community Bank Fayetteville GA 35251 June 19, 2009 August 6, 2009
Bank of Lincolnwood Lincolnwood IL 17309 June 5, 2009 August 6, 2009
Citizens National Bank Macomb IL 5757 May 22, 2009 August 6, 2009
Strategic Capital Bank Champaign IL 35175 May 22, 2009 August 6, 2009
BankUnited, FSB Coral Gables FL 32247 May 21, 2009 August 6, 2009
Westsound Bank Bremerton WA 34843 May 8, 2009 August 6, 2009
America West Bank Layton UT 35461 May 1, 2009 August 6, 2009
Citizens Community Bank Ridgewood NJ 57563 May 1, 2009 August 6, 2009
Silverton Bank, NA Atlanta GA 26535 May 1, 2009 August 6, 2009
First Bank of Idaho Ketchum ID 34396 April 24, 2009 August 6, 2009
First Bank of Beverly Hills Calabasas CA 32069 April 24, 2009 August 6, 2009
Michigan Heritage Bank Farmington Hills MI 34369 April 24, 2009 August 6, 2009
American Southern Bank Kennesaw GA 57943 April 24, 2009 August 6, 2009
Great Basin Bank of Nevada Elko NV 33824 April 17, 2009 August 6, 2009
American Sterling Bank Sugar Creek MO 8266 April 17, 2009 August 6, 2009
New Frontier Bank Greeley CO 34881 April 10, 2009 August 6, 2009
Cape Fear Bank Wilmington NC 34639 April 10, 2009 August 6, 2009
Omni National Bank Atlanta GA 22238 March 27, 2009 August 6, 2009
TeamBank, NA Paola KS 4754 March 20, 2009 August 6, 2009
Colorado National Bank Colorado Springs CO 18896 March 20, 2009 August 6, 2009
FirstCity Bank Stockbridge GA 18243 March 20, 2009 August 11, 2009
Freedom Bank of Georgia Commerce GA 57558 March 6, 2009 August 6, 2009
Security Savings Bank Henderson NV 34820 February 27, 2009 August 25, 2009
Heritage Community Bank Glenwood IL 20078 February 27, 2009 August 6, 2009
Silver Falls Bank Silverton OR 35399 February 20, 2009 August 6, 2009
Pinnacle Bank of Oregon Beaverton OR 57342 February 13, 2009 August 6, 2009
Corn Belt Bank & Trust Co. Pittsfield IL 16500 February 13, 2009 August 18, 2009
Riverside Bank of the Gulf Coast Cape Coral FL 34563 February 13, 2009 August 6, 2009
Sherman County Bank Loup City NE 5431 February 13, 2009 August 6, 2009
County Bank Merced CA 22574 February 6, 2009 August 6, 2009
Alliance Bank Culver City CA 23124 February 6, 2009 August 6, 2009
FirstBank Financial Services McDonough GA 57017 February 6, 2009 August 6, 2009
Ocala National Bank Ocala FL 26538 January 30, 2009 August 6, 2009
Suburban FSB Crofton MD 30763 January 30, 2009 August 6, 2009
MagnetBank Salt Lake City UT 58001 January 30, 2009 August 6, 2009
1st Centennial Bank Redlands CA 33025 January 23, 2009 August 6, 2009
Bank of Clark County Vancouver WA 34959 January 16, 2009 August 6, 2009
National Bank of Commerce Berkeley IL 19733 January 16, 2009 August 18, 2009
Sanderson State Bank
En Español
Sanderson TX 11568 December 12, 2008 August 6, 2009
Haven Trust Bank Duluth GA 35379 December 12, 2008 August 6, 2009
First Georgia Community Bank Jackson GA 34301 December 5, 2008 August 6, 2009
PFF Bank & Trust Pomona CA 28344 November 21, 2008 August 6, 2009
Downey Savings & Loan Newport Beach CA 30968 November 21, 2008 August 6, 2009
Community Bank Loganville GA 16490 November 21, 2008 August 6, 2009
Security Pacific Bank Los Angeles CA 23595 November 7, 2008 August 6, 2009
Franklin Bank, SSB Houston TX 26870 November 7, 2008 August 6, 2009
Freedom Bank Bradenton FL 57930 October 31, 2008 August 11, 2009
Alpha Bank & Trust Alpharetta GA 58241 October 24, 2008 August 11, 2009
Meridian Bank Eldred IL 13789 October 10, 2008 August 6, 2009
Main Street Bank Northville MI 57654 October 10, 2008 August 6, 2009
Washington Mutual Bank Henderson NV 32633 September 25, 2008 April 24, 2009
Washington Mutual Bank FSB Park City UT 32633 September 25, 2008 August 14, 2009
Ameribank Northfork WV 6782 September 19, 2008 August 6, 2009
Silver State Bank
En Español
Henderson NV 34194 September 5, 2008 August 6, 2009
Integrity Bank Alpharetta GA 35469 August 29, 2008 August 6, 2009
Columbian Bank & Trust Topeka KS 22728 August 22, 2008 August 6, 2009
First Priority Bank Bradenton FL 57523 August 1, 2008 August 6, 2009
First Heritage Bank, NA Newport Beach CA 57961 July 25, 2008 August 6, 2009
First National Bank of Nevada Reno NV 27011 July 25, 2008 August 6, 2009
IndyMac Bank Pasadena CA 29730 July 11, 2008 August 6, 2009
First Integrity Bank, NA Staples MN 12736 May 30, 2008 August 6, 2009
ANB Financial, NA Bentonville AR 33901 May 9, 2008 August 6, 2009
Hume Bank Hume MO 1971 March 7, 2008 August 6, 2009
Douglass National Bank Kansas City MO 24660 January 25, 2008 August 16, 2009
Miami Valley Bank Lakeview OH 16848 October 4, 2007 August 6, 2009
NetBank Alpharetta GA 32575 September 28, 2007 August 6, 2009
Metropolitan Savings Bank Pittsburgh PA 35353 February 2, 2007 August 6, 2009
Bank of Ephraim Ephraim UT 1249 June 25, 2004 April 9, 2008
Reliance Bank White Plains NY 26778 March 19, 2004 April 9, 2008
Guaranty National Bank
of Tallahassee
Tallahassee FL 26838 March 12, 2004 August 6, 2009
Dollar Savings Bank Newark NJ 31330 February 14, 2004 April 9, 2008
Pulaski Savings Bank Philadelphia PA 27203 November 14, 2003 July 22, 2005
First National Bank of Blanchardville Blanchardville WI 11639 May 9, 2003 August 6, 2009
Southern Pacific Bank Torrance CA 27094 February 7, 2003 October 20, 2008
Farmers Bank of Cheneyville Cheneyville LA 16445 December 17, 2002 October 20, 2004
Bank of Alamo Alamo TN 9961 November 8, 2002 March 18, 2005
AmTrade International Bank
En Español
Atlanta GA 33784 September 30, 2002 September 11, 2006
Universal Federal Savings Bank Chicago IL 29355 June 27, 2002 April 9, 2008
Connecticut Bank of Commerce Stamford CT 19183 June 26, 2002 August 6, 2009
New Century Bank Shelby Township MI 34979 March 28, 2002 March 18, 2005
Net 1st National Bank Boca Raton FL 26652 March 1, 2002 April 9, 2008
NextBank, NA Phoenix AZ 22314 February 7, 2002 August 6, 2009
Oakwood Deposit Bank Co. Oakwood OH 8966 February 1, 2002 August 6, 2009
Bank of Sierra Blanca Sierra Blanca TX 22002 January 18, 2002 November 6, 2003
Hamilton Bank, NA
En Español
Miami FL 24382 January 11, 2002 August 6, 2009
Sinclair National Bank Gravette AR 34248 September 7, 2001 February 10, 2004
Superior Bank, FSB Hinsdale IL 32646 July 27, 2001 August 6, 2009
Malta National Bank Malta OH 6629 May 3, 2001 November 18, 2002
First Alliance Bank & Trust Co. Manchester NH 34264 February 2, 2001 February 18, 2003
National State Bank of Metropolis Metropolis IL 3815 December 14, 2000 March 17, 2005
Bank of Honolulu Honolulu HI 21029 October 13, 2000 March 17, 2005



Last Updated 09/22/2009

Posted by Stephen L. Smith on September 22nd, 2009 7:22 PMPost a Comment (0)

Subscribe to this blog
Failed Bank List - 08-25-2009
August 27th, 2009 11:35 PM

Check out the information below.  What do you think?  Let me know.  I welcome your comments!!!  THANKS!!!

Stephen L. Smith, President of A.C.L. Mortgage Services, L.L.C.

Email address:  steve@acl-mortgage.com

 

 

Failed Bank List



The FDIC is often appointed as receiver for failed banks. This page contains useful information for the customers and vendors of these banks. This includes information on the acquiring bank (if applicable), how your accounts and loans are affected, and how vendors can file claims against the receivership. Failed Financial Institution Contact Search displays point of contact information related to failed banks.

This list includes banks which have failed since October 1, 2000.

Click arrows next to headers to sort in Ascending or Descending order.

Bank Name

City

State

CERT #

Closing Date

Updated Date

Guaranty Bank Austin TX 32618 August 21, 2009 August 25, 2009
CapitalSouth Bank Birmingham AL 22130 August 21, 2009 August 25, 2009
First Coweta Bank Newnan GA 57702 August 21, 2009 August 25, 2009
ebank Atlanta GA 34682 August 21, 2009 August 25, 2009
Community Bank of Nevada Las Vegas NV 34043 August 14, 2009 August 19, 2009
Community Bank of Arizona Phoenix AZ 57645 August 14, 2009 August 19, 2009
Union Bank, National Association Gilbert AZ 34485 August 14, 2009 August 19, 2009
Colonial Bank Montgomery AL 9609 August 14, 2009 August 19, 2009
Dwelling House Savings and Loan Association Pittsburgh PA 31559 August 14, 2009 August 19, 2009
Community First Bank Prineville OR 23268 August 7, 2009 August 11, 2009
Community National Bank of Sarasota County Venice FL 27183 August 7, 2009 August 11, 2009
First State Bank Sarasota FL 27364 August 7, 2009 August 11, 2009
Mutual Bank Harvey IL 18659 July 31, 2009 August 10, 2009
First BankAmericano Elizabeth NJ 34270 July 31, 2009 August 10, 2009
Peoples Community Bank West Chester OH 32288 July 31, 2009 August 10, 2009
Integrity Bank Jupiter FL 57604 July 31, 2009 August 5, 2009
First State Bank of Altus Altus OK 9873 July 31, 2009 August 10, 2009
Security Bank of Jones County Gray GA 8486 July 24, 2009 July 30, 2009
Security Bank of Houston Cou