GREAT BASIN BANK OF NEVADA Failed 2009

ELKO, NV · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

GREAT BASIN BANK OF NEVADA of ELKO, NV was closed on 2009-04-17. The FDIC was named receiver.

Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to NEVADA STATE BANK (LAS VEGAS, NV). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3618
FDIC Certificate
33824
FDIC FIN
10051
Bank name
GREAT BASIN BANK OF NEVADA
Location
ELKO, NV
Failure date
2009-04-17
FDIC resolution date
2009-04-17
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.)
$20M
Deposits at failure
$221M
Assets at failure
$239M
Acquiring bank
NEVADA STATE BANK (LAS VEGAS, NV)

Other banks NEVADA STATE BANK acquired in FDIC resolutions