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FDIC Open-Bank Assistance

FIA Card Services N.A.

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Assistance provided January 16, 2009 · Wilmington, DE · FDIC Cert #33318.

Assistance date
January 16, 2009
Headquarters
Wilmington, DE
FDIC Certificate
33318
Total assets at the time
$159.64B
Total deposits at the time
$9.82B
Estimated loss to the insurance fund
Not published (the FDIC feed carries no estimate for this transaction)
Insurance fund
Deposit Insurance Fund (DIF)
Resolution
Open-bank assistance (the institution stayed open)

Context

On January 16, 2009, the FDIC provided open-bank assistance to FIA Card Services N.A., headquartered in Wilmington, DE. The institution continued operating. At the time it held approximately $159.64B in assets and $9.82B in deposits. No acquirer was involved; the institution remained independent.

The FDIC record for 2009 holds 140 failures and 8 open-bank assistance transactions. 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 the FDIC provide assistance to FIA Card Services N.A.?

FIA Card Services N.A. received FDIC open-bank assistance on January 16, 2009; it did not fail.

How big was FIA Card Services N.A. at the time of assistance?

FIA Card Services N.A. had approximately $159.64B in total assets and $9.82B in deposits at the time of assistance.

Bank failures in 2009

Date Bank HQ Assets
Dec 18, 2009 First Federal Bank of California, a Federal Savings Bank Santa Monica, CA $6.14B
Dec 18, 2009 Imperial Capital Bank La Jolla, CA $4.05B
Dec 18, 2009 Peoples First Community Bank Panama City, FL $1.80B
Dec 18, 2009 New South Federal Savings Bank Irondale, AL $1.46B
Dec 18, 2009 Independent Bankers' Bank Springfield, IL $585.5M
Dec 18, 2009 Rockbridge Commercial Bank Atlanta, GA $294.0M
Dec 18, 2009 Citizens State Bank New Baltimore, MI $168.6M
Dec 11, 2009 Solutionsbank Overland Park, KS $511.1M