Data / Bank failures / 2009 / Merrill Lynch Bank & Trust Co FSB
Merrill Lynch Bank & Trust Co FSB, New York, NY: received FDIC assistance January 16, 2009
Merrill Lynch Bank & Trust Co FSB in New York, New York, received open bank assistance from the FDIC on January 16, 2009. It held $37.99 billion in assets and $28.54 billion in deposits at its last report. By assets it was the 5th largest of 148 banks closed or assisted in 2009.
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The FDIC's record
- Closed
- January 16, 2009
- Type
- Open bank assistance
- Total assets
- $37,986,413,000
- Total deposits
- $28,539,028,000
- Charter
- Savings bank
- Insurance fund
- DIF
- FDIC certificate
- 34571
Other bank failures in New York, 2007 to 2011
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| USA Bank | Port Chester | July 9, 2010 | $190.7 million | $188.6 million | $63.5 million | New Century Bank |
| The Park Avenue Bank | New York | March 12, 2010 | $520.1 million | $494.5 million | $76.4 million | Valley National Bank |
| Libertypointe Bank | New York | March 11, 2010 | $216.5 million | $209.5 million | $18.4 million | Valley National Bank |
| Waterford Village Bank | Williamsville | July 24, 2009 | $55.7 million | $56.1 million | $7.9 million | Evans Bank National Association |
All bank failures in 2009 · All bank failures in New York · 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.