The Graveyard › Banks › 2009
Platinum Community Bank
Rolling Meadows, IL · failed September 4, 2009 · FDIC certificate 35030
Platinum Community Bank of Rolling Meadows, IL failed on September 4, 2009. It opened on March 1, 1999, 10 years before. At its last report before that it held $148.0 million in assets and $110.2 million in deposits. The FDIC's list records no loss to the Deposit Insurance Fund.
1999-032009-06
Assets at the end$148.0 millionlast report before September 4, 2009
Deposits at the end$110.2 million
Estimated loss to the fundnone recordedDIF
Largest in the quarterly reports$148.0 millionJune 30, 2009
Equity to assets24.0%June 30, 2009
Loans not being repaid14.9%noncurrent, June 30, 2009
Return on assets0.20%a year's rate, June 30, 2009
Staff237full time, June 30, 2009
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
- 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
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.