SECURITY SAVINGS BANK Failed 2009
What happened
SECURITY SAVINGS BANK of HENDERSON, NV was closed on 2009-02-27. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to BANK OF NEVADA (LAS VEGAS, NV). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3609
- FDIC Certificate
- 34820
- FDIC FIN
- 10043
- Bank name
- SECURITY SAVINGS BANK
- Location
- HENDERSON, NV
- Failure date
- 2009-02-27
- FDIC resolution date
- 2009-02-27
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $32M
- Deposits at failure
- $175M
- Assets at failure
- $238M
- Acquiring bank
- BANK OF NEVADA (LAS VEGAS, NV)