Data / Bank failures / 2009 / Irwin Union Bank and Trust Company
Irwin Union Bank and Trust Company, Columbus, IN: failed September 18, 2009
Irwin Union Bank and Trust Company in Columbus, Indiana, failed on September 18, 2009. First Financial Bank, N.A. of Hamilton, OH, took over its deposits. It held $2.84 billion in assets and $2.25 billion in deposits at its last report. The FDIC estimates the cost to its insurance fund at $756 million (26.6% of its assets). By assets it was the 21st largest of 148 banks closed or assisted in 2009.
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The FDIC's record
- Closed
- September 18, 2009
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- First Financial Bank, N.A., Hamilton, OH
- Total assets
- $2,839,747,000
- Total deposits
- $2,254,025,000
- Estimated cost to the FDIC
- $755,961,772 (estimate as of July 31, 2026)
- Charter
- State member bank (Federal Reserve)
- Insurance fund
- DIF
- FDIC certificate
- 10100
Other bank failures in Indiana, 2007 to 2011
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Integra Bank National Association | Evansville | July 29, 2011 | $1.99 billion | $1.69 billion | $26.2 million | Old National Bank |
Other failed banks First Financial Bank, N.A. took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Irwin Union Bank, FSB | Louisville | KY | September 18, 2009 | $518.2 million | $462.6 million | $114 million | First Financial Bank, N.A. |
All bank failures in 2009 · All bank failures in Indiana · Every failed bank First Financial Bank, N.A. took over · 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.