Data / Bank failures / 2013 / Gold Canyon Bank
Gold Canyon Bank, Gold Canyon, AZ: failed April 5, 2013
Gold Canyon Bank in Gold Canyon, Arizona, failed on April 5, 2013. First Scottsdale, National Association of Scottsdale, AZ, took over its deposits. It held $42.1 million in assets and $41.7 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $8.3 million (19.6% of its assets). By assets it was the 18th largest of 24 banks closed or assisted in 2013.
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The FDIC's record
- Closed
- April 5, 2013
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- First Scottsdale, National Association, Scottsdale, AZ
- Total assets
- $42,125,000
- Total deposits
- $41,728,000
- Estimated cost to the FDIC
- $8,262,597 (estimate as of July 31, 2026)
- Charter
- State member bank (Federal Reserve)
- Insurance fund
- DIF
- FDIC certificate
- 58066
Other bank failures in Arizona, 2011 to 2015
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Sunrise Bank of Arizona | Phoenix | August 23, 2013 | $202.2 million | $196.9 million | $15.4 million | First Fidelity Bank, National Association |
| Central Arizona Bank | Scottsdale | May 14, 2013 | $31.6 million | $30.8 million | $5.4 million | Western State Bank |
| Western National Bank | Phoenix | December 16, 2011 | $162.9 million | $144.5 million | $41.7 million | Washington Federal |
| Summit Bank | Prescott | July 15, 2011 | $73.1 million | $67.5 million | $14.9 million | The Foothills Bank |
| Legacy Bank | Scottsdale | January 7, 2011 | $136.4 million | $119.7 million | $32.2 million | Enterprise Bank & Trust |
All bank failures in 2013 · All bank failures in Arizona · 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.