The Graveyard › Banks › 2009
Security Savings Bank
Henderson, NV · failed February 27, 2009 · FDIC certificate 34820
Security Savings Bank of Henderson, NV failed on February 27, 2009. It opened on April 3, 2000, 8 years before. At its last report before that it held $238.3 million in assets and $174.9 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2007, it held $303.9 million. The FDIC estimates that the Deposit Insurance Fund lost $32.3 million on it.
2000-062008-12
Assets at the end$238.3 millionlast report before February 27, 2009
Deposits at the end$174.9 million
Estimated loss to the fund$32.3 millionDIF
Largest in the quarterly reports$303.9 millionSeptember 30, 2007
Equity to assets1.0%December 31, 2008
Loans not being repaid19.2%noncurrent, December 31, 2008
Return on assets-11.31%a year's rate, December 31, 2008
Staff16full time, December 31, 2008
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.