Top 7 Biggest Bank Failures

Throughout U.S. history, bank failures have generally occured during economic downturns. Recently, the credit crisis has taken bank failures to a whole new level. Previously, the largest bank failure in terms of assets stood at $40 billion. Now, the largest bank to fail had assets of over $300 billion.

We'll take a look at the seven largest bank failures in U.S. history, from the savings and loan crisis in the 1980s to the present day credit crisis.