5 Biggest Bankruptcies in American History

2. Washington Mutual

Assets at time of bankruptcy (in millions): $327,913

It is still the largest bank in the U.S. to have fallen, having more assets than SVB and Signature Bank combined. In fact, it was the largest loan and savings company in the U.S. till the time of its collapse in 2008, after a nine day bank run resulted in nearly $17 billion being withdrawn from the institution. The banking subsidiaries of the company were then sold to JPMorgan Chase & Co. (NYSE:JPM).