Data / Bank failures / 2009 / Merrill Lynch Bank USA
Merrill Lynch Bank USA, Salt Lake City, UT: received FDIC assistance January 16, 2009
Merrill Lynch Bank USA in Salt Lake City, Utah, received open bank assistance from the FDIC on January 16, 2009. It held $61.81 billion in assets and $53.62 billion in deposits at its last report. By assets it was the 4th 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
- $61,809,503,000
- Total deposits
- $53,620,324,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 27374
Other bank failures in Utah, 2007 to 2011
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Sunfirst Bank | Saint George | November 4, 2011 | $198.1 million | $169.1 million | $43.6 million | Cache Valley Bank |
| Advanta Bank Corp. | Draper | March 19, 2010 | $1.53 billion | $1.52 billion | $521.5 million | |
| Centennial Bank | Ogden | March 5, 2010 | $212.8 million | $205.1 million | $70.5 million | |
| Barnes Banking Company | Kaysville | January 15, 2010 | $709.2 million | $697.1 million | $106.8 million | |
| America West Bank | Layton | May 1, 2009 | $281.6 million | $286 million | $114.4 million | Cache Valley Bank |
| Magnet Bank | Salt Lake City | January 30, 2009 | $300.7 million | $282.6 million | $170.1 million |
All bank failures in 2009 · All bank failures in Utah · 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.