1210372028, 3:38 Bank Failures in 2008, Bank Failures in 2008 Failed Banks ene a SS 2008 BANK FAILURES Since the beginning ofthe credit crunch in August 2007, a total of 27 banks have closed their doors, according tothe Federal Deposit Insurance Corporation, Tis year alone, 25 banks have gone under. Take a look at the failures of 2008 (in chronological order), as measured by total assets and the cost to the FDIC's deposit insurance fund, & fv in htps: www. onbe.com/2008)12/15/Bank Failures in2008.ntml v01210312023, 1338 ‘Bank Failures in 2008 > Safety Nets For Savers And Investors >How to Know If Your Money Is Safe Sanderson State Bank BLE ea Sener, Tea Oe. 12,2008: $37 mon $2. mon Sanderson, Texas Closed: Dec. 12, 2008 Assets: $37 million CosttoFDIC: $12.5 million a ntips:iww-enbe.com'2008/12/15/Bank-Falluresin-2008 html1210372028, 3:38 Bank Failures in 2008, Duluth, Ga, Closed: Dec.12, 2008 >How to Kpow If Your Money Is Safe jd LI = Jackson, GA. Closed: Dec. 5, 2008 Assets: $237.5 million Costto FDIC: $72.2 million Safety Nets For Savers And Investor >How to Know If Your Money Is Safe PFF Bank & Trust a hts: www. enbe.com/2008)12/15/Bank-Failuresn2008.ntml 231210312028, 3:38 Bank Failures in 2008, Pomona, Calif | Closed: Nov. 21, 2008 Assets: $3.7 billion Costto FDIC: $700 million >How DOWNEY SAVINGS AND LOAN Newport Beach, Calif. Closed: Nov. 21, 2008 Assets: $12.8 billion Costto FDIC: $1.4 billion IF Your Money Is Safe The Community Bank a htps: ww enbe.com/2008)12/15/Bank-Failuresn2008.ntml 41291210312028, 13:39 Bank Failures in 2008, 5 A eons lg Perel i tps: www. enc com/2008)12/15/Bank Failures in2008.ntml os Angle, Cleon 7 2008: $561 mon $210 maton Los Angeles, Calif, Closed: Nov. 7, 2008 Assets: $561.1 million Costto FDIC: $210 million1210372028, 13:38 Safety Nets Hy STfawie Raow IF'Your oe 4 e tt aT LS Bradenton, Fla, Closea: Oct. 31, 2008 Assets: $287 million Cost to FDIC: $80 -$104 milion Safety Nets Far Sa >How to Know If Your Money Is Sa Alpha Bank & Trust at tps: www. cnbe.com/2008)12/15/Bank-Failuresin2008.ntml Bank Failures in 2008, 6221210312023, 1338 DEEL Eldred, I. Closed: Oct. 10, 2008 Assets: $39.18 milion Cost: $13 -$14.5 million Main Street Bank & ‘Bank Failures in 2008 ntps:iww-enbe.com'2008/12/15/Bank Failures in-2008 html1210312028, 3:39 Bank Failures in 2008, Sta ye Henderson, Nev. Closed: Sept. 25, 2008 ‘Assets: $307 billion Washington Mutuals the largest bank failure in history. 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