Bank failure · FL
Gold Coast Savings Bank (Plantation, FL) — failed October 19, 1990
Gold Coast Savings Bank of Plantation, Florida was closed on October 19, 1990 and resolved through a insured deposit transfer. Branch Sale (NA) took over its insured deposits. At failure it held $151.7M in assets and $141.8M in deposits. The FDIC's estimated loss on the failure is $46.9M (30.9% of assets).
- Closing date
- October 19, 1990
- FDIC certificate #
- 32255
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Branch Sale
- Insurance fund
- RTC
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