Data / Bank failures / 2009 / Waterford Village Bank
Waterford Village Bank, Williamsville, NY: failed July 24, 2009
Waterford Village Bank in Williamsville, New York, failed on July 24, 2009. Evans Bank National Association of Angola, NY, took over its deposits. It held $55.7 million in assets and $56.1 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $7.9 million (14.1% of its assets). By assets it was the 137th largest of 148 banks closed or assisted in 2009.
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The FDIC's record
- Closed
- July 24, 2009
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Evans Bank National Association, Angola, NY
- Total assets
- $55,707,000
- Total deposits
- $56,145,000
- Estimated cost to the FDIC
- $7,875,008 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 58065
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 |
| Merrill Lynch Bank & Trust Co FSB (assistance) | New York | January 16, 2009 | $37.99 billion | $28.54 billion |
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.