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Largest Bank Failures of 2009
| 16 Nov 2009 | 12:21 PM ET
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Failed Banks
So far, 123 banks have failed this year, up from the 25 that shut down in 2008, which included Washington Mutual, the largest bank failure in US history. While the banks that have closed this year are not as large as WaMu, there have been some substantial banks that failed with assets in the billions. Click on to find out which of them rank as the 10 largest failures so far in 2009.Source: FDICUpdated Nov. 16, 2009»Failed Banks List: 2009»Slideshow: Largest Bankruptcies»Slideshow: World's Safest Banks

10. Orion Bank (Tied)
Naples, Fla. Closed: Nov. 13, 2009 Assets: $2.7 billion Cost to FDIC: $615 million»Failed Banks List: 2009

10. Irwin Union Bank & Trust Company (Tied)
Columbus, Ind.Closed: Sept. 18, 2009 Assets: $2.7 billion Cost to FDIC: $715 million»Failed Banks List: 2009

9. San Diego National Bank
San Diego, Calif.Closed: Oct. 30, 2009 Assets: $3.6 billion Cost to FDIC: N.A.»Failed Banks List: 2009

8. Silverton Bank, N.A.
Atlanta, Ga. Closed: May 1, 2009 Assets: $4.1 billion Cost to FDIC: $1.3 billion »Failed Banks List: 2009

7. Park National Bank
Chicago, Ill.Closed: Oct. 30, 2009 Assets: $4.7 billion Cost to FDIC: N.A.»Failed Banks List: 2009

6. Corus Bank
Chicago, Ill.Closed: Sept. 11, 2009 Assets: $7 billion Cost to FDIC: $1.7 billion »Failed Banks List: 2009

5. California National Bank
Los Angeles, Calif.Closed: Oct. 30, 2009 Assets: $7.8 billion Cost to FDIC: N.A.»Failed Banks List: 2009

4. United Commercial Bank
San Francisco, Calif.Closed: Nov. 6, 2009 Assets: $11.2 billion Cost to FDIC: $1.4 billion »Failed Banks List: 2009

3. BankUnited, FSB
Coral Gables, Fla. Closed: May 21, 2009 Assets: $12.80 billion Cost to FDIC: $4.9 billion »Failed Banks List: 2009

2. Guaranty Bank
Austin, TexasClosed: Aug. 21, 2009 Assets: $13 billion Cost to FDIC: $3 billion»Failed Banks List: 2009

1. Colonial Bank
Montgomery, Ala.Closed: Aug. 14, 2009Assets: $25 billion Cost to FDIC: $2.8 billion»Replay Slideshow»Failed Banks List: 2009»Slideshow: Largest Bankruptcies»Slideshow: World's Safest Banks

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