5 Largest Banks Closed by the FDIC in 2008

A recent study lists the banks closed by the Federal Deposit Insurance Corporation in 2008.

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  1. Washington Mutual $307 billion estimated assets as of closing date
  2. IndyMac Bank — $32 billion estimated assets as of closing
  3. Downey Savings and Loan — $12.8 billion estimated assets
  4. Franklin Bank, SSB — $5.1 billion
  5. First National Bank of Nevada $3.4 billion

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Source: FDIC