# CITY BANK

> **Failed bank** · LYNNWOOD, WA · failed 2010-04-16 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $155M

## What happened

CITY BANK of LYNNWOOD, WA was closed by regulators on **2010-04-16**. The FDIC was named receiver.

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

Deposits were transferred to **WHIDBEY ISLAND BANK** (COUPEVILLE, WA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3776
- **FDIC Certificate:** 21521
- **FDIC FIN:** 10212
- **Bank name:** CITY BANK
- **Location:** LYNNWOOD, WA
- **Failure date:** 2010-04-16
- **FDIC resolution date:** 2010-04-16
- **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:** $155M
- **Deposits at failure:** $920M
- **Assets at failure:** $982M
- **Acquiring bank:** WHIDBEY ISLAND BANK (COUPEVILLE, WA)

## Other banks WHIDBEY ISLAND BANK has acquired in FDIC resolutions

- NORTH COUNTY BANK (ARLINGTON, WA) — failed 2010-09-24 — /failed-bank/3859

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CITY BANK (FDIC ID 3776), failed 2010-04-16. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/3776.

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