# TOWNE BANK OF ARIZONA

> **Failed bank** · MESA, AZ · failed 2010-05-07 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $44M

## What happened

TOWNE BANK OF ARIZONA of MESA, AZ was closed by regulators on **2010-05-07**. The FDIC was named receiver.

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

Deposits were transferred to **COMMERCE BANK OF ARIZONA** (TUCSON, AZ). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3801
- **FDIC Certificate:** 57697
- **FDIC FIN:** 10235
- **Bank name:** TOWNE BANK OF ARIZONA
- **Location:** MESA, AZ
- **Failure date:** 2010-05-07
- **FDIC resolution date:** 2010-05-07
- **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:** $44M
- **Deposits at failure:** $113M
- **Assets at failure:** $120M
- **Acquiring bank:** COMMERCE BANK OF ARIZONA (TUCSON, AZ)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, TOWNE BANK OF ARIZONA (FDIC ID 3801), failed 2010-05-07. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3801.

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