# COMMUNITY BANK OF ARIZONA

> **Failed bank** · PHOENIX, AZ · failed 2009-08-14 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $27M

## What happened

COMMUNITY BANK OF ARIZONA of PHOENIX, AZ was closed by regulators on **2009-08-14**. The FDIC was named receiver.

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

Deposits were transferred to **MIDFIRST BANK** (OKLAHOMA CITY, OK). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3670
- **FDIC Certificate:** 57645
- **FDIC FIN:** 10101
- **Bank name:** COMMUNITY BANK OF ARIZONA
- **Location:** PHOENIX, AZ
- **Failure date:** 2009-08-14
- **FDIC resolution date:** 2009-08-14
- **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:** $27M
- **Deposits at failure:** $144M
- **Assets at failure:** $159M
- **Acquiring bank:** MIDFIRST BANK (OKLAHOMA CITY, OK)

## Other banks MIDFIRST BANK has acquired in FDIC resolutions

- UNION BANK, NATIONAL ASSOCIATION (GILBERT, AZ) — failed 2009-08-14 — /failed-bank/3669

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, COMMUNITY BANK OF ARIZONA (FDIC ID 3670), failed 2009-08-14. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/3670.

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