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Bank failure · FL

Biscayne Fs&la (Miami, FL) — failed April 6, 1983

Biscayne Fs&la of Miami, Florida was closed on April 6, 1983 and resolved through a a/a. Citicorp Savings of Florida (FL) took over its insured deposits. At failure it held $1.9B in assets and $1.7B in deposits. The FDIC's estimated loss on the failure is $389K (0.0% of assets).

Closing date
April 6, 1983
FDIC certificate #
30841
Resolution
A/A (assistance)
Acquiring institution
Citicorp Savings of Florida
Insurance fund
FSLIC

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