Data / Bank failures / 2008 / Ameribank, Inc.
Ameribank, Inc., Northfork, WV: failed September 19, 2008
Ameribank, Inc. in Northfork, West Virginia, failed on September 19, 2008. The Citizens Savings Bank of Martins Ferry, OH, took over its deposits. It held $104 million in assets and $100.9 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $38.3 million (36.8% of its assets). By assets it was the 25th largest of 30 banks closed or assisted in 2008.
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.
The FDIC's record
- Closed
- September 19, 2008
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- The Citizens Savings Bank, Martins Ferry, OH
- Total assets
- $103,965,000
- Total deposits
- $100,901,000
- Estimated cost to the FDIC
- $38,289,951 (estimate as of July 31, 2026)
- Charter
- Savings bank
- Insurance fund
- DIF
- FDIC certificate
- 6782
All bank failures in 2008 · All bank failures in West Virginia · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-24. 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.