The Graveyard › Banks › 2008
Washington Mutual Bank
Henderson, NV · failed September 25, 2008 · FDIC certificate 32633
Washington Mutual Bank of Henderson, NV failed on September 25, 2008. It opened on December 27, 1988, 19 years before. At its last report before that it held $307.0 billion in assets and $188.3 billion in deposits. At its largest in the FDIC's quarterly reports, on June 30, 2006, it held $350.9 billion. The FDIC's list records no loss to the Deposit Insurance Fund.
1988-122008-06
Assets at the end$307.0 billionlast report before September 25, 2008
Deposits at the end$188.3 billion
Estimated loss to the fundnone recordedDIF
Largest in the quarterly reports$350.9 billionJune 30, 2006
Equity to assets7.9%June 30, 2008
Loans not being repaid4.1%noncurrent, June 30, 2008
Return on assets-2.70%a year's rate, June 30, 2008
Staff41,360full time, June 30, 2008
Also ended in 2008
- Citibank, National Association · Las Vegas · $1.21 trillion in assets · assisted
- 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
- Franklin Bank, S.S.B. · Houston, TX · $5.1 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.