The Federal Deposit Insurance Corporation closed 110 troubled banks in danger of going bankrupt in March and April, 2011. Suntrust and Key Corporation announced repayment of their Federal Reserve Troubled Asset Relief Program (TARP) loans on March 19, 2011. The United Press, International also reported that 600 banks still owe $30 billion in TARP funds to the federal government. SNL Financial reported that 123 banks did not pay their November 2010 TARP payments.
1st Financial Services to CSRA
SNL Financial lists the "Banks That Deferred November 2010 TARP Payments." The following banks, who are delinquent in their TARP payments, are going bankrupt or failing: 1st Financial Services, Alaska Pacific Bancshares, Anchor Bancorp Wisconsin, Bank of Currituck, Bankers Bank of West Bancorp, Berkshire Bancorp, Blue Ridge Bankshares, Blue Valley Bancorp, BNB Financial Services, BNCCORP, Bridgeview Bancorp, Broadway Financial, Cadance Financial, California West Bancorp, Capital Commerce Bancorp, Cascade Financial Corporation, CB Holding, CBS Bancorp, Cecil Bancorp, Central Pacific Financial, Central Virginia Bankshares, Centrue Financial, CIT Group, Citizen's Bancorp, Citizen's Bankshares, Citizen's Bank & Trust, Citizen's Commerce Bancshares, Citizen's Republic Bancorp, City National Bancshares, Colonial American, Commerce National Bank, Commonwealth Business, Community 1st, Community Bank of the Bay, Community Banker's Trust, Congaree Bancshares, Connecticut Bank & Trust, Covenant Financial and CSRA.
Dickinson Financial to Lone Start Bank
The FDIC provides an "Institution Directory" on each institution ever insured by the FDIC. The FDIC also provides a "Failed Bank List," which lists the bank's closing date with contact information. These are the banks that failed. Dickinson Financial, Exchange Bank, F C Holdings, Fidelity Federal Bancorp, First Bancorp, First Banks, First Community Bancshares, First Community Bank of America, First Federal Bankshares of Arkansas, First Financial Services, First Security Group, First Sound Bank, First Southwest Bancorp, First United, Florida Bank Group, FNB United, FPB Bancorp, Freeport State, Fresno First Bank, Frontier Bank, Georgia Primary Bank, Gold Canyon Bank, Goldwater Bank, Grand Mountain, Gregg Bankshares, Harbor Bankshares, Heartland Bancshares, Heritage Commerce, Heritage Oaks Bancorp, Hometown Bankshares, Idaho Bancorp, Independent Bank, Integra Bank, Intermountain Community Bank, Interwest Bankshares, Legacy Bancorp, Liberty Shares Bank and Lone Star Bank.
Madison Financial to Royal Bancshares of Pennsylvania
Madison Financial, Marine Bank and Trust, Market Bancorp, Maryland Financial, Mercantile Bank Corporation, Metro Corp Bankshares, Metropolitan Bank Group, Midtown Bank and Trust, Midwest Banc Holdings, Millenium Bancorp, Monarch Community Bank, MS Financial, NC Bancorp, Northern States, Old Second Bancorp, Omega Capital Corp, One Georgia Bank, One United Bank, Pacific Capital Bancorp, Pacific City Financial, Pacific Captial Bancorp, Pacific Coast National, Pacific Commerce, Pacific International Bancorp, Patapsco Bancorp, Pathway Bancorp, Patterson Bancshares, Peninsula Holding, Pierce City Bancorp, Pinnacle Bank Holding, Plumas Bancorp, Prairie Star Bancshares, Premier Bank Holding, Premier Financial Bancorp, Premier Services Bank, Premier West Bancorp, Presidio Bank, Provident Community Banshares, Queensborough Bank, Regent Bancorp, Ridgestone Financial Services, Rising Sun Bancorp, Rogers Bancshares and Royal Bancshares of Pennsylvania.
Santa Clara Valley Bank to Valley Financial Corporation
Santa Clara Valley Bank, Santa Lucia Bank, Seacoast Banking Corporation of Florida, Sonoma Valley Bancorp, South Financial Group, Spirit Bancorp, Sterling Financial Corporation, Stoulbridge Financial, Superior Bancorp, Syringa Bancorp, TCB Holdings, Tennessee Valley Financial Holdings, TIB Financial Corporation, Tidelands Bancshares, Tifton Banking, Timberland Bancorp, Treaty Oak Bancorp, Trinity Capital Corporation, United States Century Bank, United American Bank and Valley Financial Corporation.
- Photo Credit Comstock/Comstock/Getty Images
List of US Banks in Financial Trouble
Over the last few years, the financial markets in the United States hit all time lows. Local and national banks started to...
What Happens When a Bank Goes Bankrupt?
Banks in the United States don't go through bankruptcy proceedings like individuals or businesses would when they become insolvent. ... When a...
How to Check for a Bank's Credit Rating
When a consumer looks to open a checking account, he doesn't always think to look into the bank's history. When that same...
How to Find the FDIC Bank Watch List
How to Find the FDIC Bank Watch List. ... In this economy, the FDIC Bank Watch List is very important to anyone...