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Data / Bank failures / 1999

US bank failures in 1999: 8 banks closed

8 banks failed in 1999, holding $1.59 billion in assets and $1.32 billion in deposits. The FDIC estimates the cost to its insurance fund at $590.9 million. The largest: First NB of Keystone ($1.12 billion), Pacific Thrift and Loan Co ($127.3 million), East Texas NB of Marshall ($121.6 million). Most by state: FL 2, NY 1, CA 1, WV 1, TX 1.

SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.

Every failure, newest first

BankCityStateClosedAssetsDepositsEstimated costAcquirer
Golden City Commercial BankNew YorkNYDecember 10, 1999$87.2 million$80.4 millionCathay Bank
Pacific Thrift and Loan CoWoodland HillsCANovember 22, 1999$127.3 million$119.5 million$42 millionAffinity Bank
Peoples NB of CommerceMiamiFLSeptember 10, 1999$36.8 million$35.9 million$3.3 millionBoston Bank of Commerce
First NB of KeystoneKeystoneWVSeptember 1, 1999$1.12 billion$880.9 million$532.2 millionAmeribank, Incorporated
Oceanmark Bank, A FSBNorth Miami BeachFLJuly 9, 1999$69 million$61.3 million$1.2 millionThird FS&LA of Florida
East Texas NB of MarshallMarshallTXJuly 9, 1999$121.6 million$113.1 million$9.9 millionFredonia State Bank
Zia New Mexico BankTucumcariNMApril 23, 1999$17.3 million$16.7 million$2.2 millionFirst National Bank of New
Victory State BankColumbiaSCMarch 26, 1999$13.2 million$12.9 millionSouth Carolina Community Ba

Other years

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.