#BankFailFriday March 5, 2010 Recap

Four banks on BankFailFriday, March 5, 2010, were closed. The total number of banks closed this year is 26. The closure of these four banks cost the FDIC Deposit Insurance Fund (DIF) $304.8 Million. The four banks assets totalled approximately $1.1 Billion. The banks closed were:

  • Sun American Bank, Boca Raton, Florida
  • Bank of Illinois, Normal, Illinois
  • Waterfield Bank, Germantown, Maryland
  • Centennial Bank, Ogden, Utah