The Graveyard › Banks › 2009
Bank of America N.A.
Charlotte · assisted January 16, 2009 · FDIC certificate 3510
Bank of America N.A. of Charlotte was given assistance by the FDIC on January 16, 2009. The FDIC's list records an assistance transaction, not a closing. It opened on October 17, 1904, 104 years before. At its last report before that it held $1.47 trillion in assets and $954.7 billion in deposits. The FDIC's list gives no estimate of the loss for this one.
1984-032008-12
Assets at the end$1.47 trillionlast report before January 16, 2009
Deposits at the end$954.7 billion
Estimated loss to the fundnot givenDIF
Largest in the quarterly reports$1.47 trillionDecember 31, 2008
Equity to assets9.0%December 31, 2008
Loans not being repaid3.4%noncurrent, December 31, 2008
Return on assets0.41%a year's rate, December 31, 2008
Staff170,158full time, December 31, 2008
Also ended in 2009
- FIA Card Services N.A. · Wilmington · $159.6 billion in assets · assisted
- Countrywide Bank, FSB · Alexandria · $118.0 billion in assets · assisted
- Merrill Lynch Bank USA · Salt Lake City · $61.8 billion in assets · assisted
- Merrill Lynch Bank & Trust Co., FSB · New York · $38.0 billion in assets · assisted
- Bank of America Rhode Island N.A. · Providence · $35.4 billion in assets · assisted
- Colonial Bank · Montgomery, AL · $25.5 billion in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.