Bank Failure
ANB Financial N.A.
BankRegReports is independent of ANB Financial N.A. and never asks for online banking logins or passwords.
Closed May 9, 2008 · Bentonville, AR · FDIC Cert #33901.
- Closing date
- May 9, 2008
- Headquarters
- Bentonville, AR
- FDIC Certificate
- 33901
- Total assets at closing
- $1.90B
- Total deposits at closing
- $1.82B
- Estimated loss to the insurance fund
- $1.03B
- Insurance fund
- Deposit Insurance Fund (DIF)
- Resolution
- Failure (closed by regulators)
- Acquirer
- Pulaski Bank and Trust Co
Context
On May 9, 2008, regulators closed ANB Financial N.A., headquartered in Bentonville, AR. At closing, the institution held approximately $1.90B in assets and $1.82B in deposits. The FDIC record names Pulaski Bank and Trust Co as the acquiring institution in the resolution. The estimated cost to the Deposit Insurance Fund (DIF) was approximately $1.03B.
By assets at closing this is the 118th largest of the 3,526 bank failures in the FDIC record, and the 8th of 25 in 2008. It falls in the period the record labels Global Financial Crisis (2008-2013), a period with 489 failures peaking at 157 in 2010.
Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.
Common questions
When did ANB Financial N.A. fail?
ANB Financial N.A. was closed by regulators on May 9, 2008.
Who acquired ANB Financial N.A.?
The FDIC record names Pulaski Bank and Trust Co as the acquiring institution in the resolution of ANB Financial N.A.
How big was ANB Financial N.A. when it failed?
ANB Financial N.A. had approximately $1.90B in total assets and $1.82B in deposits at the time of failure.
Other failures in 2008
| Date | Bank | Assets |
|---|---|---|
| Dec 12, 2008 | Haven Trust Bank | $559.6M |
| Dec 12, 2008 | Sanderson State Bank | $38.2M |
| Dec 5, 2008 | First Georgia Community Bank | $256.4M |
| Nov 21, 2008 | Downey Savings and Loan Association, F.A. | $12.78B |
| Nov 21, 2008 | PFF Bank & Trust | $3.72B |
| Nov 21, 2008 | The Community Bank | $634.9M |
| Nov 7, 2008 | Franklin Bank, SSB | $5.09B |
| Nov 7, 2008 | Security Pacific Bank | $528.0M |
Explore: all failures · AR bank events · 2008 events · events hub