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June 7, 2016
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10 Biggest Bank Failures
10 Biggest Bank Failures
1. Washington Mutual Bank
Assets: $307 billion Closed: Sept. 25, 2008
2. IndyMac Bank
Assets: $30.7 billion Closed: July 11, 2008
3. Colonial Bank
Assets: $25.5 billion Closed: Aug. 14, 2009
4. First Republic Bank, Dallas
Assets: $17.1 billion Closed: July 29, 1988
5. Guaranty Bank
Assets: $13.5 billion Closed: Aug. 21, 2009
6. Bank of New England
Assets: $13.4 billion Closed: Jan. 6, 1991
7. Gibraltar Savings
Assets: $13.4 billion Closed: March 31, 1989
8. BankUnited
Assets: $13.1 billion Closed: May 21, 2009
9. Downey Savings and Loan
Assets: $12.8 billion Closed: Nov. 21, 2008
10. HomeFed Bank
Assets: $12.2 billion Closed: July 6, 1992
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