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PNC Financial Services and Wells Fargo also have a major presence in Alabama. [213] Wells Fargo has a regional headquarters, an operations center campus, and a $400 million data center in Birmingham. Many smaller banks are also headquartered in the Birmingham area, including ServisFirst and New South Federal Savings Bank.
Before its failure, IndyMac Bank was the largest savings and loan association in the Los Angeles market and the seventh largest mortgage loan originator in the United States. [414] The failure of IndyMac Bank on July 11, 2008, was the fourth largest bank failure in United States history up until the crisis precipitated even larger failures ...