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Bank failure · FL

Goldome FSB (St. Petersburg, FL) — failed May 31, 1991

Goldome FSB of St. Petersburg, Florida was closed on May 31, 1991 and resolved through a purchase and assumption. First of America Bank/Fl, F (FL) took over its insured deposits. At failure it held $1.5B in assets and $1.3B in deposits. The FDIC's estimated loss on the failure is $96.9M (6.6% of assets).

Closing date
May 31, 1991
FDIC certificate #
31168
Resolution
Purchase and assumption (failure)
Acquiring institution
First of America Bank/Fl, F
Insurance fund
RTC

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