# MIRAE BANK

> **Failed bank** · LOS ANGELES, CA · failed 2009-06-26 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $45M

## What happened

MIRAE BANK of LOS ANGELES, CA was closed by regulators on **2009-06-26**. The FDIC was named receiver.

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

Deposits were transferred to **WILSHIRE STATE BANK** (LOS ANGELES, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3636
- **FDIC Certificate:** 57332
- **FDIC FIN:** 10072
- **Bank name:** MIRAE BANK
- **Location:** LOS ANGELES, CA
- **Failure date:** 2009-06-26
- **FDIC resolution date:** 2009-06-26
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $45M
- **Deposits at failure:** $410M
- **Assets at failure:** $481M
- **Acquiring bank:** WILSHIRE STATE BANK (LOS ANGELES, CA)

## Other banks WILSHIRE STATE BANK has acquired in FDIC resolutions

- WEST OLYMPIA BANK (LOS ANGELES, CA) — failed 1984-02-10 — /failed-bank/850

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=MIRAE%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MIRAE BANK (FDIC ID 3636), failed 2009-06-26. Retrieved via AI Analytics 2026-06-24 from https://api.ai-analytics.org/failed-bank/3636.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*
