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The Federal Deposit Insurance Corporation (FDIC) may assume deposits of banks or allow other banks to assume them. The largest banks to be acquired have been the Merrill Lynch acquisition by Bank of America, the Bear Stearns and Washington Mutual acquisitions by JPMorgan Chase, and the Countrywide Financial acquisition also by Bank of America.
Washington Mutual, Inc. (often abbreviated to WaMu) was an American savings bank holding company based in Seattle.It was the parent company of WaMu Bank, which was the largest savings and loan association in the United States until its collapse in 2008.
Great American Bank was an American savings and loan association based in San Diego. [ 1] It was founded in 1885 as San Diego Building and Loan Association, the first savings and loan in Southern California. [ 2] Until the 1980s, it operated as San Diego Federal Savings and Loan Association. Federal regulators seized and disbanded the bank in 1991.
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Riverside National Bank of Florida Fort Pierce: Florida: 2010 $3.4 billion $4.8 billion Midwest Bank and Trust Company Elmwood Park: Illinois: 2010 $3.2 billion $4.5 billion First National Bank, also operating as The National Bank of El Paso Edinburg: Texas: 2013 $3.1 billion $4.1 billion [15] Superior Bank Birmingham: Alabama: 2011 $3.0 billion
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