# NEXITY BANK

> **Failed bank** · BIRMINGHAM, AL · failed 2011-04-15 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $182M

## What happened

NEXITY BANK of BIRMINGHAM, AL was closed by regulators on **2011-04-15**. The FDIC was named receiver.

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

Deposits were transferred to **ALOSTAR BANK OF COMMERCE** (BIRMINGHAM, AL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3921
- **FDIC Certificate:** 19794
- **FDIC FIN:** 10356
- **Bank name:** NEXITY BANK
- **Location:** BIRMINGHAM, AL
- **Failure date:** 2011-04-15
- **FDIC resolution date:** 2011-04-15
- **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:** $182M
- **Deposits at failure:** $612M
- **Assets at failure:** $758M
- **Acquiring bank:** ALOSTAR BANK OF COMMERCE (BIRMINGHAM, AL)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, NEXITY BANK (FDIC ID 3921), failed 2011-04-15. Retrieved via AI Analytics 2026-05-24 from https://api.ai-analytics.org/failed-bank/3921.

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