WARREN BANK Failed 2009
What happened
WARREN BANK of WARREN, MI was closed on 2009-10-02. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to THE HUNTINGTON NATIONAL BANK (COLUMBUS, OH). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3690
- FDIC Certificate
- 34824
- FDIC FIN
- 10125
- Bank name
- WARREN BANK
- Location
- WARREN, MI
- Failure date
- 2009-10-02
- FDIC resolution date
- 2009-10-02
- Charter type
- State commercial bank, Federal Reserve member
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $217M
- Deposits at failure
- $468M
- Assets at failure
- $505M
- Acquiring bank
- THE HUNTINGTON NATIONAL BANK (COLUMBUS, OH)
Other banks THE HUNTINGTON NATIONAL BANK acquired in FDIC resolutions