Data / Bank failures / 2010 / Maritime Savings Bank
Maritime Savings Bank, West Allis, WI: failed September 17, 2010
Maritime Savings Bank in West Allis, Wisconsin, failed on September 17, 2010. North Shore Bank, FSB of Brookfield, WI, took over its deposits. It held $350.5 million in assets and $248.1 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $88.4 million (25.2% of its assets). By assets it was the 64th largest of 157 banks closed or assisted in 2010.
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The FDIC's record
- Closed
- September 17, 2010
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- North Shore Bank, FSB, Brookfield, WI
- Total assets
- $350,488,000
- Total deposits
- $248,134,000
- Estimated cost to the FDIC
- $88,383,817 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- DIF
- FDIC certificate
- 28612
Other bank failures in Wisconsin, 2008 to 2012
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Legacy Bank | Milwaukee | March 11, 2011 | $190.4 million | $183.3 million | $73.7 million | Seaway Bank and Trust Company |
| Badger State Bank | Cassville | February 11, 2011 | $83.8 million | $78.5 million | $19.5 million | Royal Bank |
| Evergreen State Bank | Stoughton | January 28, 2011 | $240.9 million | $193.7 million | $28.1 million | McFarland State Bank |
| First Banking Center | Burlington | November 19, 2010 | $750.7 million | $664.8 million | $86.1 million | First Michigan Bank |
| Bank of Elmwood | Racine | October 23, 2009 | $327.4 million | $272.8 million | $99.5 million | Tri City National Bank |
Other failed banks North Shore Bank, FSB took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Banks of Wisconsin | Kenosha | WI | May 31, 2013 | $134 million | $127.6 million | $22.5 million | North Shore Bank, FSB |
All bank failures in 2010 · All bank failures in Wisconsin · Every failed bank North Shore Bank, FSB 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.