Failed Bank List

Bank failures in Nevada

Nevada has 15 bank failures on FDIC record since 1934, 0.4% of the national total and the 43rd-highest count of any state or territory. The worst year was 2010, with 4. Since 2000 there have been 12; the most recent was 1st Commerce Bank on June 6, 2013. The largest by assets was Washington Mutual Bank of Henderson, with $307 billion, in 2008.

Bank failures in Nevada per year012341983: 11987: 11990: 12008: 32009: 32010: 42011: 12013: 1194019501960197019801990200020102020
Failures per year in Nevada. By decade: 1980s 2, 1990s 1, 2000s 6, 2010s 6. Most failures by city: Las Vegas (6), Henderson (3), Reno (2).
12 failures since 2000, newest first
ClosedBankLocationTotal assetsEst. loss
June 6, 20131st Commerce BankNorth Las Vegas, NV$20.2 million$5.2 million
April 8, 2011Nevada Commerce BankLas Vegas, NV$135 million$38.5 million
July 23, 2010SouthwestUSA BankLas Vegas, NV$204 million$86.3 million
June 18, 2010Nevada Security BankReno, NV$492 million$70.0 million
May 28, 2010Sun West BankLas Vegas, NV$361 million$116 million
February 26, 2010Carson River Community BankCarson City, NV$51.1 million$14.5 million
August 14, 2009Community Bank of NevadaLas Vegas, NV$1.4 billion$558 million
April 17, 2009Great Basin Bank of NevadaElko, NV$239 million$20.0 million
February 27, 2009Security Savings BankHenderson, NV$238 million$32.3 million
September 25, 2008Washington Mutual BankHenderson, NV$307 billionnone
September 5, 2008Silver State BankHenderson, NV$2.0 billion$722 million
July 25, 2008First National Bank of NevadaReno, NV$3.4 billion$710 million
3 failures from 1934 to 1999, newest first
ClosedBankLocationTotal assetsEst. loss
December 14, 1990Frontier Savings AssociationLas Vegas, NV$252 millionnone
October 23, 1987Sierra Savings and Loan AssociationGardnerville, NV$12.1 million$564 thousand
June 30, 1983Mineral Bank of NevadaLas Vegas, NV$18.0 millionnone

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