Data / Bank failures / 2008 / Washington Mutual Bank
Washington Mutual Bank, Henderson, NV: failed September 25, 2008
Washington Mutual Bank in Henderson, Nevada, failed on September 25, 2008. JPMorgan Chase Bank, NA of Columbus, OH, took over its deposits. It held $307.02 billion in assets and $188.26 billion in deposits at its last report. By assets it was the 2nd largest of 30 banks closed or assisted in 2008.
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The FDIC's record
- Closed
- September 25, 2008
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- JPMorgan Chase Bank, NA, Columbus, OH
- Total assets
- $307,021,614,000
- Total deposits
- $188,260,793,000
- Charter
- Savings bank
- Insurance fund
- DIF
- FDIC certificate
- 32633
Other bank failures in Nevada, 2006 to 2010
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| 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 |
| Sun West Bank | Las Vegas | May 28, 2010 | $360.7 million | $353.9 million | $116 million | City National 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 |
All bank failures in 2008 · All bank failures in Nevada · 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.