Which banks closed down due to recession?

Several banks have closed down due to economic recessions, particularly during the 2008 financial crisis. Notable examples include Washington Mutual, which was seized by regulators and sold to JPMorgan Chase, and Lehman Brothers, which filed for bankruptcy, marking one of the largest in U.S. history. Additionally, during the COVID-19 pandemic, some smaller regional banks faced closures or mergers due to economic strain. Overall, bank failures often result from a combination of poor management, high levels of bad loans, and adverse economic conditions.