And here they are, ordered, and numbered for the year so far.
- Dwelling House Savings and Loan Association, Pittsburgh, PA
- Colonial Bank, Montgomery, AL
- Union Bank, National Association, Gilbert, AZ
- Community Bank of Arizona, Phoenix, AZ
- Community Bank of Nevada, Los Vegas, NV
So, Colonial Bank, the largest failure this year, failed. I mentioned it earlier:
All deposit accounts have been transferred to Branch Banking and Trust Company, (BB&T), Winston-Salem, NC (“assuming institution”) and will be available immediately. The former Colonial Bank locations will reopen as branches of BB&T. Each location will operate by the same schedule it did prior to this transaction.