The Graveyard › Banks › 2009

Countrywide Bank, FSB

Alexandria · assisted January 16, 2009 · FDIC certificate 33143

Countrywide Bank, FSB of Alexandria was given assistance by the FDIC on January 16, 2009. The FDIC's list records an assistance transaction, not a closing. It opened on August 30, 1990, 18 years before. At its last report before that it held $118.0 billion in assets and $43.7 billion in deposits. The FDIC's list gives no estimate of the loss for this one.

1990-092008-12

Assets at the end$118.0 billionlast report before January 16, 2009

Deposits at the end$43.7 billion

Estimated loss to the fundnot givenDIF

Largest in the quarterly reports$121.4 billionMarch 31, 2008

Equity to assets9.3%December 31, 2008

Loans not being repaid5.1%noncurrent, December 31, 2008

Return on assets0.59%a year's rate, December 31, 2008

Staff16,900full time, December 31, 2008

On the FDIC's list: COUNTRYWIDE BANK FSB.

Could you have seen it coming? Play The Crash of '08

Also ended in 2009

Bank of America N.A. · Charlotte · $1.47 trillion in assets · assisted
FIA Card Services N.A. · Wilmington · $159.6 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.