---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000916571.md"
description: "🚨NewNano Banc becomes the 6th bank to fail in 2026California seized it Friday after years of executive mismanagementThe FDIC estimates the failure will cost the Deposit Insurance Fund $114,000,000"
datetime: "2026-09-28T17:35:17.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000916571.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000916571.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000916571.md)
author: "[Michael Burry Tracker](https://longbridge.com/en/profiles/17582432.md)"
generator: "portal-rs"
---

# 🚨NewNano Banc becomes the 6th bank to fail in 2026…


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**