Bank failure · NV
Great Basin Bank of Nevada (Elko, NV) — failed April 17, 2009
Great Basin Bank of Nevada of Elko, Nevada was closed on April 17, 2009 and resolved through a purchase and assumption. Nevada State Bank (NV) took over its insured deposits. At failure it held $238.9M in assets and $220.8M in deposits. The FDIC's estimated loss on the failure is $20.0M (8.4% of assets).
- Closing date
- April 17, 2009
- FDIC certificate #
- 33824
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Nevada State Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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