Bank Failure

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Dictionary Says

Definition of 'Bank Failure'

The closing of an insolvent bank by a federal or state regulator. The comptroller of the currency has the power to close national banks; banking commissioners in the respective states close state-chartered banks. Banks close when they are unable to meet their obligations to depositors and others. When a bank fails, the Federal Deposit Insurance Corporation (FDIC) covers the insured portion of a depositors balance.
Investopedia Says

Investopedia explains 'Bank Failure'

During the financial crisis that started in 2007, the biggest bank failure in U.S. history occurred when Washington Mutual with $307 billion in assets closed its doors. Another large bank failure had occurred just a few months earlier, when IndyMac was seized.

The second all-time largest closure was $40 billion Continental Illinois in 1984.
Search results for

'Bank Failure'

  • Bank Failure: Will Your Assets Be Protected?

    http://www.investopedia.com/articles/stocks/08/sipc-fdic-bank-failure.asp
    Bank Failure: Will Your Assets Be Protected? ... Ideal Solution Both the FDIC and the
    SIPC become involved in the case of a bank or brokerage failure. ...

  • CDIC Protects Canadians From Bank Failure

    http://www.investopedia.com/articles/pf/06/canadian-deposit-insurance-corporation.asp
    CDIC Protects Canadians From Bank Failure. October 23 2008 | Filed Under ยป
    Banking, Bonds, Insurance, Personal Finance, Retirement. ...

  • Top 7 Biggest Bank Failures Slideshow | Investopedia

    http://www.investopedia.com/slide-show/top-bank-failures
    ... 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. ...

  • From Booms To Bailouts: The Banking Crisis Of The 1980s

    http://www.investopedia.com/articles/financial-theory/banking-crisis-1980s.asp
    ... banks. Contrast the above with bank failure data leading up to the 1980s
    and the magnitude of the crisis becomes evident. From 1965 ...

  • Mark-To-Market Mayhem

    http://www.investopedia.com/articles/financial-theory/08/mark-to-market-mayhem.asp
    ... Financial Theory, Options. When Washington Mutual Bank (OTC:WAMUQ) failed in September
    2008, it was the largest bank failure in American financial history. ...

  • Banking Stress Tests: Would Yours Pass?

    http://www.investopedia.com/articles/fundamental-analysis/09/banking-stress-tests.asp
    ... (For more, see Bank Failure: Will Your Assets Be Protected?) Will Your Bank Pass? ...
    The Texas ratio is often quoted as an indicator to bank failure. ...

  • After The Recession: A US Bank Body Count - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1009/After-The-Recession-A-U.S.-Bank-Body-Count.aspx
    ... States . Washington Mutual went under in September 2008, the single largest
    bank failure in history by assets. JPMorgan assumed ...

  • Assessing Bank Assets: Are Your Savings Safe?

    http://www.investopedia.com/articles/fundamental-analysis/09/assessing-bank-assets.asp
    ... Whenever a bank experiences an increase in their Level 3 assets it raises a concern
    that the risk of more significant failure has increased. ...

  • Texas Ratio Rounds Up Bank Failures

    http://www.investopedia.com/articles/fundamental-analysis/08/texas-ratio.asp
    ... If the number is at or above 1 (or 100%), that bank is at severe risk of failure. ...
    For further reading see, Bank Failure: Will Your Assets Be Protected? ...

  • Banking: Why Use A Bank? | Investopedia

    http://www.investopedia.com/university/banking/banking1.asp
    ... and Bank Failure: Will Your Assets Be Protected?); Convenience When you
    have money in the bank, you can access it from anywhere. ...

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