Bank failure · FL
Interstate Bank of Commerce (Miami, FL) — failed March 31, 1989
Interstate Bank of Commerce of Miami, Florida was closed on March 31, 1989 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $6.4M in assets and $7.0M in deposits. The FDIC's estimated loss on the failure is $1.9M (30.0% of assets).
- Closing date
- March 31, 1989
- FDIC certificate #
- 26807
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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