The Graveyard › Banks › 2014

Millennium Bank, National Association

Sterling, VA · failed February 28, 2014 · FDIC certificate 35096

Millennium Bank, National Association of Sterling, VA failed on February 28, 2014. It opened on April 1, 1999, 14 years before. At its last report before that it held $130.3 million in assets and $121.7 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 2006, it held $582.7 million. The FDIC estimates that the Deposit Insurance Fund lost $10.9 million on it.

1999-062013-12

Assets at the end$130.3 millionlast report before February 28, 2014

Deposits at the end$121.7 million

Estimated loss to the fund$10.9 millionDIF

Largest in the quarterly reports$582.7 millionDecember 31, 2006

Equity to assets-2.3%December 31, 2013

Loans not being repaid4.4%noncurrent, December 31, 2013

Return on assets-3.36%a year's rate, December 31, 2013

Staff23full time, December 31, 2013

Take today's blind test

Also ended in 2014

The National Republic Bank of Chicago · Chicago, IL · $843.1 million in assets
Valley Bank · Moline, IL · $456.4 million in assets
The Bank of Union · El Reno, OK · $317.2 million in assets
Eastside Commercial Bank · Conyers, GA · $173.9 million in assets
Nbrs Financial Bank · Rising Sun, MD · $155.4 million in assets
Syringa Bank · Boise, ID · $153.4 million 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.