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Data / Bank failures / 2009 / Community Bank of Nevada

Community Bank of Nevada, Las Vegas, NV: failed August 14, 2009

Community Bank of Nevada in Las Vegas, Nevada, failed on August 14, 2009. It held $1.40 billion in assets and $1.37 billion in deposits at its last report. The FDIC estimates the cost to its insurance fund at $558 million (39.9% of its assets). By assets it was the 31st largest of 148 banks closed or assisted in 2009.

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The FDIC's record

Closed
August 14, 2009
Type
Failure
How it was resolved
Deposit Insurance National Bank: the FDIC ran a temporary bank to pay depositors
Total assets
$1,397,798,000
Total deposits
$1,372,744,000
Estimated cost to the FDIC
$557,961,565 (estimate as of July 31, 2026)
Charter
State member bank (Federal Reserve)
Insurance fund
DIF
FDIC certificate
34043

The FDIC record

Other bank failures in Nevada, 2007 to 2011

BankCityClosedAssetsDepositsEstimated costAcquirer
Nevada Commerce BankLas VegasApril 8, 2011$135.1 million$128.6 million$38.5 millionCity National Bank
Southwestusa BankLas VegasJuly 23, 2010$203.7 million$184 million$86.3 millionPlaza Bank
Nevada Security BankRenoJune 18, 2010$492.5 million$479.8 million$70 millionUmpqua Bank
Sun West BankLas VegasMay 28, 2010$360.7 million$353.9 million$116 millionCity National Bank
Carson River Community BankCarson CityFebruary 26, 2010$51.1 million$50 million$14.5 millionHeritage Bank of Nevada
Great Basin Bank of NevadaElkoApril 17, 2009$238.9 million$220.8 million$20 millionNevada State Bank
Security Savings BankHendersonFebruary 27, 2009$238.3 million$174.9 million$32.3 millionBank of Nevada
Citibank, National Association (assistance)Las VegasNovember 23, 2008$1.21 trillion$230.04 billion

All bank failures in 2009 · All bank failures in Nevada · 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.