The Graveyard › Banks › 2008
Haven Trust Bank
Duluth, GA · failed December 12, 2008 · FDIC certificate 35379
Haven Trust Bank of Duluth, GA failed on December 12, 2008. It opened on January 24, 2000, 8 years before. At its last report before that it held $559.6 million in assets and $489.7 million in deposits. The FDIC estimates that the Deposit Insurance Fund lost $246.6 million on it.
2000-032008-09
Assets at the end$559.6 millionlast report before December 12, 2008
Deposits at the end$489.7 million
Estimated loss to the fund$246.6 millionDIF
Largest in the quarterly reports$559.6 millionSeptember 30, 2008
Equity to assets4.4%September 30, 2008
Loans not being repaid11.5%noncurrent, September 30, 2008
Return on assets-3.45%a year's rate, September 30, 2008
Staff65full time, September 30, 2008
Also ended in 2008
- Citibank, National Association · Las Vegas · $1.21 trillion in assets · assisted
- Washington Mutual Bank · Henderson, NV · $307.0 billion in assets
- Citibank (South Dakota), N.A. · Sioux Falls · $77.7 billion in assets · assisted
- IndyMac Bank, F.S.B. · Pasadena, CA · $30.7 billion in assets
- Citicorp Trust Bank, fsb · Wilmington · $19.6 billion in assets · assisted
- Downey Savings and Loan Association, F.A. · Newport Beach, CA · $12.8 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.