SILVER STATE BANK Failed 2008
What happened
SILVER STATE BANK of HENDERSON, NV was closed on 2008-09-05. The FDIC was named receiver.
Resolution: Payout / Insured deposits — FDIC paid insured deposits directly to depositors
Deposits were transferred to NEVADA STATE BANK (LAS VEGAS, NV). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3566
- FDIC Certificate
- 34194
- FDIC FIN
- 10013
- Bank name
- SILVER STATE BANK
- Location
- HENDERSON, NV
- Failure date
- 2008-09-05
- FDIC resolution date
- 2008-09-05
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- FDIC DIF cost (est.)
- $722M
- Deposits at failure
- $1,733M
- Assets at failure
- $1,957M
- Acquiring bank
- NEVADA STATE BANK (LAS VEGAS, NV)
Other banks NEVADA STATE BANK acquired in FDIC resolutions