Bank failure · GA
Silverton Bank, National Association (Atlanta, GA) — failed May 1, 2009
Silverton Bank, National Association of Atlanta, Georgia was closed on May 1, 2009 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $4.2B in assets and $3.3B in deposits. The FDIC's estimated loss on the failure is $638.9M (15.4% of assets).
- Closing date
- May 1, 2009
- FDIC certificate #
- 26535
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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