Bank failure · NV
Security Savings Bank (Henderson, NV) — failed February 27, 2009
Security Savings Bank of Henderson, Nevada was closed on February 27, 2009 and resolved through a purchase and assumption. Bank of Nevada (NV) took over its insured deposits. At failure it held $238.3M in assets and $174.9M in deposits. The FDIC's estimated loss on the failure is $32.3M (13.6% of assets).
- Closing date
- February 27, 2009
- FDIC certificate #
- 34820
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Bank of Nevada
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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