Definitely a sign of the times, an unbelievable record number of 25 banks failed in the US in 2008.
The banks that closed, along with their locations and closing dates are as follows:
Douglass National Bank - Kansas City, MO - 1/25/08
Hume Bank - Hume, MO - 3/7/08
ANB Financial, NA - Bentonville, AR - 5/9/08
First Integrity Bank, NA - Staples, MN - 5/30/08
IndyMac Bank - Pasadena, CA - 7/11/08
First National Bank of Nevada - Reno, NV - 7/25/08
First Heritage Bank, NA - Newport Beach, CA - 7/25/08
First Priority Bank - Bradenton, FL - 8/1/08
The Columbian Bank and Trust - Topeka, KS - 8/22/08
Integrity Bank - Alpharetta, GA - 8/29/08
Silver State Bank - Henderson, NV - 9/5/08
Ameribank - Northfork, WV - 9/19/08
Washington Mutual Bank - Henderson, NV & Park City, UT - 9/25/08
Main Street Bank - Northville, MI - 10/10/08
Meridian Bank - Eldred, IL - 10/10/08
Alpha Bank and Trust - Alpharetta, GA - 10/24/08
Freedom Bank - Bradenton, FL - 10/31/08
Franklin Bank, SSB - Houston, TX - 11/7/08
Security Pacific Bank - Los Angeles, CA - 11/7/08
The Community Bank - Loganville, GA - 11/21/08
Downey Savings and Loan - Newport Beach, CA - 11/21/08
PFF Bank and Trust - Pomona, CA - 11/21/08
First Georgia Community Bank - Jackson, GA - 12/5/08
Haven Trust Bank - Duluth, GA - 12/12/08
Sanderson State Bank - Sanderson, TX - 12/12/08
If you had any type of account or financial relationship with any of these banking institutions and want to know how your accounts and loans are affected by their closing, click here to get bank-specific information from the Federal Deposit Insurance Corporation (FDIC).
Also, to learn more about what exactly the FDIC does and the role it plays in protecting the bank accounts of consumers, click here.
Let's all keep our fingers crossed, and hope that 2009 will be a much better year for the banking industry.