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This is a list of notable financial institutions worldwide that were severely affected by the Great Recession centered in 2007–2009. The list includes banks (including savings and loan associations, commercial banks and investment banks), building societies and insurance companies that were:
Company Deposits and/or branches taken by Type of company bankrupt or closed Ref. February 2, 2007: Metropolitan Savings Bank, Pittsburgh, Pennsylvania: Allegheny Valley Bank, Pittsburgh, Pennsylvania [3] September 28, 2007: NetBank, Alpharetta, Georgia: ING Direct, Wilmington, Delaware: Retail and mortgage bank [4] [5] October 4, 2007
A list of companies, governmental and quasi-governmental agencies (government-sponsored enterprises), and/or non-profit organizations involved in the various economic and financial crises of 2007–2008.
The Federal Deposit Insurance Corporation (FDIC) closed 465 failed banks from 2008 to 2012. [2] In contrast, in the five years prior to 2008, only 10 banks failed. [ 2 ] [ 3 ] At the end of 2022, the US banking industry had a total of about $620 billion in unrealized losses as a result of investments weakened by rising interest rates.
If your mortgage company goes bankrupt, you’ll still have to make your mortgage payments, but all terms should stay the same. If your loan is active or has just closed, it’ll be sold off to ...
Pages in category "Defunct financial services companies of the United States" The following 112 pages are in this category, out of 112 total. This list may not reflect recent changes .