Data / Bank failures / 2010 / Sun West Bank
Sun West Bank, Las Vegas, NV: failed May 28, 2010
Sun West Bank in Las Vegas, Nevada, failed on May 28, 2010. City National Bank of Los Angeles, CA, took over its deposits. It held $360.7 million in assets and $353.9 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $116 million (32.2% of its assets). By assets it was the 62nd largest of 157 banks closed or assisted in 2010.
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The FDIC's record
- Closed
- May 28, 2010
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- City National Bank, Los Angeles, CA
- Total assets
- $360,662,000
- Total deposits
- $353,943,000
- Estimated cost to the FDIC
- $115,959,896 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 34785
Other bank failures in Nevada, 2008 to 2012
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Nevada Commerce Bank | Las Vegas | April 8, 2011 | $135.1 million | $128.6 million | $38.5 million | City National Bank |
| Southwestusa Bank | Las Vegas | July 23, 2010 | $203.7 million | $184 million | $86.3 million | Plaza Bank |
| Nevada Security Bank | Reno | June 18, 2010 | $492.5 million | $479.8 million | $70 million | Umpqua Bank |
| Carson River Community Bank | Carson City | February 26, 2010 | $51.1 million | $50 million | $14.5 million | Heritage Bank of Nevada |
| Community Bank of Nevada | Las Vegas | August 14, 2009 | $1.40 billion | $1.37 billion | $558 million | |
| Great Basin Bank of Nevada | Elko | April 17, 2009 | $238.9 million | $220.8 million | $20 million | Nevada State Bank |
| Security Savings Bank | Henderson | February 27, 2009 | $238.3 million | $174.9 million | $32.3 million | Bank of Nevada |
| Citibank, National Association (assistance) | Las Vegas | November 23, 2008 | $1.21 trillion | $230.04 billion |
Other failed banks City National Bank took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Nevada Commerce Bank | Las Vegas | NV | April 8, 2011 | $135.1 million | $128.6 million | $38.5 million | City National Bank |
| 1ST Pacific Bank of California | San Diego | CA | May 7, 2010 | $335.8 million | $291.2 million | $6.3 million | City National Bank |
| Imperial Capital Bank | La Jolla | CA | December 18, 2009 | $4.05 billion | $2.82 billion | $266.2 million | City National Bank |
| Williamstown Bank, N.A. | Houston | TX | June 2, 1988 | $23 million | $22.7 million | $5.8 million | City National Bank |
All bank failures in 2010 · All bank failures in Nevada · Every failed bank City National Bank took over · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-24. 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.