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Data / Bank failures / 2009 / Bank of America N.A.

Bank of America N.A., Charlotte, NC: received FDIC assistance January 16, 2009

Bank of America N.A. in Charlotte, North Carolina, received open bank assistance from the FDIC on January 16, 2009. It held $1.47 trillion in assets and $954.68 billion in deposits at its last report. By assets it was the largest of 148 banks closed or assisted in 2009.

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The FDIC's record

Closed
January 16, 2009
Type
Open bank assistance
Total assets
$1,471,631,047,000
Total deposits
$954,677,580,000
Charter
National bank (supervised by the OCC)
Insurance fund
DIF
FDIC certificate
3510

The FDIC record

Other bank failures in North Carolina, 2007 to 2011

BankCityClosedAssetsDepositsEstimated costAcquirer
Blue Ridge Savings Bank, Inc.AshevilleOctober 14, 2011$161.4 million$159.6 million$44.1 millionBank of North Carolina
The Bank of AshevilleAshevilleJanuary 21, 2011$204.9 million$199.4 million$43.9 millionFirst Bank
Cooperative BankWilmingtonJune 19, 2009$966.8 million$768.5 million$287.3 millionFirst Bank
Cape Fear BankWilmingtonApril 10, 2009$492.4 million$402.8 million$118.6 millionFirst Federal Savings and Loan Association of Charleston

All bank failures in 2009 · All bank failures in North Carolina · The full failed bank list

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.