Data / Bank failures / 2009 / Irwin Union Bank, FSB
Irwin Union Bank, FSB, Louisville, KY: failed September 18, 2009
Irwin Union Bank, FSB in Louisville, Kentucky, failed on September 18, 2009. First Financial Bank, N.A. of Hamilton, OH, took over its deposits. It held $518.2 million in assets and $462.6 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $114 million (22% of its assets). By assets it was the 51st 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
- $518,151,000
- Total deposits
- $462,611,000
- Estimated cost to the FDIC
- $114,005,937 (estimate as of July 31, 2026)
- Charter
- Savings bank
- Insurance fund
- DIF
- FDIC certificate
- 57068
Other failed banks First Financial Bank, N.A. took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Irwin Union Bank and Trust Company | Columbus | IN | September 18, 2009 | $2.84 billion | $2.25 billion | $756 million | First Financial Bank, N.A. |
All bank failures in 2009 · All bank failures in Kentucky · 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.