TellerScore

Bank failure · UT

Merrill Lynch Bank USA (Salt Lake City, UT) — failed January 16, 2009

Merrill Lynch Bank USA of Salt Lake City, Utah was closed on January 16, 2009 and resolved through a obam. 0 (0) took over its insured deposits. At failure it held $61.8B in assets and $53.6B in deposits.

Closing date
January 16, 2009
FDIC certificate #
27374
Resolution
OBAM (assistance)
Acquiring institution
0
Insurance fund
DIF
Pre-failure filings
Last reported financials

Other failures in 2009

What happens when a bank fails