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Data / Bank failures / 2013 / Sunrise Bank of Arizona

Sunrise Bank of Arizona, Phoenix, AZ: failed August 23, 2013

Sunrise Bank of Arizona in Phoenix, Arizona, failed on August 23, 2013. First Fidelity Bank, National Association of Oklahoma City, OK, took over its deposits. It held $202.2 million in assets and $196.9 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $15.4 million (7.6% of its assets). By assets it was the 7th largest of 24 banks closed or assisted in 2013.

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The FDIC's record

Closed
August 23, 2013
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Acquirer
First Fidelity Bank, National Association, Oklahoma City, OK
Total assets
$202,179,000
Total deposits
$196,924,000
Estimated cost to the FDIC
$15,391,061 (estimate as of July 31, 2026)
Charter
State nonmember bank (FDIC)
Insurance fund
DIF
FDIC certificate
34707

The FDIC record

Other bank failures in Arizona, 2011 to 2015

BankCityClosedAssetsDepositsEstimated costAcquirer
Central Arizona BankScottsdaleMay 14, 2013$31.6 million$30.8 million$5.4 millionWestern State Bank
Gold Canyon BankGold CanyonApril 5, 2013$42.1 million$41.7 million$8.3 millionFirst Scottsdale, National Association
Western National BankPhoenixDecember 16, 2011$162.9 million$144.5 million$41.7 millionWashington Federal
Summit BankPrescottJuly 15, 2011$73.1 million$67.5 million$14.9 millionThe Foothills Bank
Legacy BankScottsdaleJanuary 7, 2011$136.4 million$119.7 million$32.2 millionEnterprise Bank & Trust

All bank failures in 2013 · All bank failures in Arizona · 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.