Bank failure · NV
Sun West Bank (Las Vegas, NV) — failed May 28, 2010
Sun West Bank of Las Vegas, Nevada was closed on May 28, 2010 and resolved through a purchase and assumption. City National Bank (CA) took over its insured deposits. At failure it held $360.7M in assets and $353.9M in deposits. The FDIC's estimated loss on the failure is $116.0M (32.2% of assets).
- Closing date
- May 28, 2010
- FDIC certificate #
- 34785
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- City National Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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