The Graveyard › Banks › 2009
Waterford Village Bank
Williamsville, NY · failed July 24, 2009 · FDIC certificate 58065
Waterford Village Bank of Williamsville, NY failed on July 24, 2009. It opened on February 26, 2007, 2 years before. At its last report before that it held $55.7 million in assets and $56.1 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 2008, it held $63.8 million. The FDIC estimates that the Deposit Insurance Fund lost $7.9 million on it.
2007-032009-06
Assets at the end$55.7 millionlast report before July 24, 2009
Deposits at the end$56.1 million
Estimated loss to the fund$7.9 millionDIF
Largest in the quarterly reports$63.8 millionJune 30, 2008
Equity to assets-1.2%June 30, 2009
Loans not being repaid0.4%noncurrent, June 30, 2009
Return on assets-6.36%a year's rate, June 30, 2009
Staff13full 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.