The first visible institution to run into trouble in the United States was the Southern California–based <answer>IndyMac</answer>, a spin-off of Countrywide Financial. Before its failure, <answer>IndyMac</answer> Bank was the largest savings and loan association in the Los Angeles market and the seventh largest mortgage originator in the United States. The failure of <answer>IndyMac</answer> Bank on July 11, 2008, was the fourth largest bank failure in United States history up until the crisis precipitated even larger failures, and the second largest failure of a regulated thrift. <answer>IndyMac</answer> Bank's parent corporation was <answer>IndyMac</answer> Bancorp until the FDIC seized <answer>IndyMac</answer> Bank. <answer>IndyMac</answer> Bancorp filed for Chapter 7 bankruptcy in July 2008.
Which financial institution was the first one visible to run into trouble in the United States?
IndyMac