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Data / Bank failures / U.S. Bank, NA

Failed banks taken over by U.S. Bank, NA: 11

U.S. Bank, NA took over 11 failed banks between November 21, 2008 and October 30, 2009, holding $35.87 billion in assets and $27.44 billion in deposits. The FDIC estimates the cost to its insurance fund at $745.3 million. The largest: Downey Savings and Loan Association, F.A. ($12.78 billion), California National Bank ($7.78 billion), Park National Bank ($4.68 billion).

SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.

Every bank it took over, newest first

BankCityStateClosedAssetsDepositsEstimated costAcquirer
Community Bank of LemontLemontILOctober 30, 2009$81.8 million$80.7 million$25.9 millionU.S. Bank, NA
California National BankLos AngelesCAOctober 30, 2009$7.78 billion$6.15 billion$182 millionU.S. Bank, NA
Madisonville State BankMadisonvilleTXOctober 30, 2009$256.3 million$224.7 millionU.S. Bank, NA
Bank USA, NAPhoenixAZOctober 30, 2009$213.2 million$170.7 million$11.7 millionU.S. Bank, NA
Pacific National BankSan FranciscoCAOctober 30, 2009$2.32 billion$1.76 billion$58.6 millionU.S. Bank, NA
Citizens National BankTeagueTXOctober 30, 2009$118.2 million$97.6 million$5.8 millionU.S. Bank, NA
San Diego National BankSan DiegoCAOctober 30, 2009$3.59 billion$2.89 billion$36.4 millionU.S. Bank, NA
North Houston BankHoustonTXOctober 30, 2009$325.5 million$307.2 million$12 millionU.S. Bank, NA
Park National BankChicagoILOctober 30, 2009$4.68 billion$3.72 billion$2.8 millionU.S. Bank, NA
Downey Savings and Loan Association, F.A.Newport BeachCANovember 21, 2008$12.78 billion$9.65 billion$151.2 millionU.S. Bank, NA
PFF Bank & TrustPomonaCANovember 21, 2008$3.72 billion$2.39 billion$258.8 millionU.S. Bank, NA

Other acquiring banks

Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.