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Bank Failure

MERRILL LYNCH BANK & TRUST CO FSB

Closed January 16, 2009 · NEW YORK, NY · FDIC Cert #34571.

Closing date
January 16, 2009
Headquarters
NEW YORK, NY
FDIC Certificate
34571
Total assets at closing
$37,986,413,000
Total deposits at closing
$28,539,028,000
Resolution type
other

Context

On January 16, 2009, regulators closed MERRILL LYNCH BANK & TRUST CO FSB, headquartered in NEW YORK, NY. At closing, the institution held approximately $37,986,413,000 in assets and $28,539,028,000 in deposits. The FDIC resolved the institution without a single-acquirer transaction.

Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.

Other failures in 2009

DateBankHQAssets
2009-12-18FIRST FEDERAL BANK OF CALIFORNIA, A FEDERAL SAVINGS BANKSANTA MONICA, CA$6,143,903,000
2009-12-18IMPERIAL CAPITAL BANKLA JOLLA, CA$4,046,888,000
2009-12-18PEOPLES FIRST COMMUNITY BANKPANAMA CITY, FL$1,795,420,000
2009-12-18NEW SOUTH FEDERAL SAVINGS BANKIRONDALE, AL$1,464,127,000
2009-12-18INDEPENDENT BANKERS' BANKSPRINGFIELD, IL$585,508,000
2009-12-18ROCKBRIDGE COMMERCIAL BANKATLANTA, GA$294,024,000
2009-12-18CITIZENS STATE BANKNEW BALTIMORE, MI$168,551,000
2009-12-11SOLUTIONSBANKOVERLAND PARK, KS$511,103,000