Bank failure · FL

Cyprus Sa (Plantation, FL) — failed November 10, 1988

Cyprus Sa of Plantation, Florida was closed on November 10, 1988 and resolved through a insured deposit transfer. 0 (0) took over its insured deposits. At failure it held $172.8M in assets and $203.7M in deposits. The FDIC's estimated loss on the failure is $98.9M (57.2% of assets).