FDIC failed bank list
Bank failures in 2017
8 insured banks failed in 2017, with combined assets of $5.1B and an estimated cost to the deposit insurance fund of $1.0B. Illinois had the most (3).
| Bank | City | Closed | Assets | Acquirer | Est. cost to FDIC |
|---|---|---|---|---|---|
| Washington Federal Bank for Savings | Chicago, IL | Dec 15, 2017 | $166.3M | Royal Savings Bank | $75.0M |
| The Farmers and Merchants State Bank of Argonia | Argonia, KS | Oct 13, 2017 | $33.0M | Conway Bank | $280K |
| Fayette County Bank | Saint Elmo, IL | May 26, 2017 | $34.4M | United Fidelity Bank, FSB | $8.1M |
| Guaranty Bank | Milwaukee, WI | May 5, 2017 | $1.0B | First-Citizens Bank & Trust Company | $132.0M |
| First Nbc Bank | New Orleans, LA | Apr 28, 2017 | $3.3B | Whitney Bank | $722.1M |
| Proficio Bank | Cottonwood Heights, UT | Mar 3, 2017 | $68.2M | Cache Valley Bank | $10.1M |
| Seaway Bank and Trust Company | Chicago, IL | Jan 27, 2017 | $297.8M | State Bank of Texas | $43.7M |
| Harvest Community Bank | Pennsville, NJ | Jan 13, 2017 | $124.2M | First-Citizens Bank & Trust Company | $22.2M |