Bank failure · FL
Florida Center Bank (Orlando, FL) — failed April 18, 1986
Florida Center Bank of Orlando, Florida was closed on April 18, 1986 and resolved through a purchase and assumption. American Nb of Florida (FL) took over its insured deposits. At failure it held $78.9M in assets and $72.2M in deposits. The FDIC's estimated loss on the failure is $14.8M (18.7% of assets).
- Closing date
- April 18, 1986
- FDIC certificate #
- 21531
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- American Nb of Florida
- Insurance fund
- FDIC
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