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Bank failure · NV

Community Bank of Nevada (Las Vegas, NV) — failed August 14, 2009

Community Bank of Nevada of Las Vegas, Nevada was closed on August 14, 2009 and resolved through a dinb. 0 (0) took over its insured deposits. At failure it held $1.4B in assets and $1.4B in deposits. The FDIC's estimated loss on the failure is $558.0M (39.9% of assets).

Closing date
August 14, 2009
FDIC certificate #
34043
Resolution
DINB (failure)
Acquiring institution
0
Insurance fund
DIF
Pre-failure filings
Last reported financials

Other failures in 2009

What happens when a bank fails