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Bank failure · FL

Enterprise Fed. Fsa (Clearwater, FL) — failed April 20, 1990

Enterprise Fed. Fsa of Clearwater, Florida was closed on April 20, 1990 and resolved through a purchase and assumption. Comerica Bank-Fl, FSB (FL) took over its insured deposits. At failure it held $62.6M in assets and $45.1M in deposits. The FDIC's estimated loss on the failure is $9.3M (14.8% of assets).

Closing date
April 20, 1990
FDIC certificate #
32253
Resolution
Purchase and assumption (failure)
Acquiring institution
Comerica Bank-Fl, FSB
Insurance fund
RTC

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