Please note that the FDIC is often appointed as receiver for

failed banks. These events are structured as bank mergers

and/or consolidations to avoid antitrust hearings.


Credit Union Failures are handled in much the same manner, and

deposits are insured by the National Credit Union Administration

(NCUA), the federal agency that charters, supervises and insures

federal credit unions.


  1. Security Bank, National Association – N. Lauderdale, FL
  2. Palm Desert National Bank – Palm Desert, CA
  3. Inter Savings Bank, fsb D/B/A InterBank, fsb – Maple Grove, MN
  4. HarVest Bank of Maryland – Gaithersburg, MD
  5. Bank of the Eastern Shore – Cambridge, MD
  6. Plantation Federal Bank – Pawleys Island, SC
  7. Fort Lee Federal Savings Bank, FSB – Fort Lee, NJ
  8. Fidelity Bank – ┬áDearborn, MI
  9. Premier Bank – Wilmette, IL
  10. Covenant Bank & Trust – Rock Spring, GA
  11. New City Bank – Chicago, IL
  12. Global Commerce Bank – Doraville, GA
  13. Central Bank of Georgia – Ellaville, GA
  14. Home Savings of America – Little Falls, MN
  15. Charter National Bank and Trust – Hoffman Estates, IL
  16. SCB Bank – Shelbyville, IN
  17. Patriot Bank Minnesota -Forest Lake, MN
  18. BankEast – Knoxville, TN
  19. Tennessee Commerce Bank – Franklin, TN
  20. First Guaranty Bank and Trust Company of Jacksonville – Jacksonville, FL
  21. American Eagle Savings Bank -Boothwyn, PA
  22. The First State Bank -Stockbrige, GA
  23. Central Florida State Bank -Belleview, FL