Bank failure · MI
Warren Bank (Warren, MI) — failed October 2, 2009
Warren Bank of Warren, Michigan was closed on October 2, 2009 and resolved through a purchase and assumption. The Huntington National Bank (OH) took over its insured deposits. At failure it held $504.8M in assets and $467.8M in deposits. The FDIC's estimated loss on the failure is $217.5M (43.1% of assets).
- Closing date
- October 2, 2009
- FDIC certificate #
- 34824
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- The Huntington National Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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