Bank failure · FL
Net First National Bank (Boca Raton, FL) — failed March 1, 2002
Net First National Bank of Boca Raton, Florida was closed on March 1, 2002 and resolved through a purchase and assumption (insured deposits). Bank Leumi (NY) took over its insured deposits. At failure it held $37.2M in assets and $31.6M in deposits.
- Closing date
- March 1, 2002
- FDIC certificate #
- 26652
- Resolution
- Purchase and assumption (insured deposits) (failure)
- Acquiring institution
- Bank Leumi
- Insurance fund
- BIF
- Pre-failure filings
- Last reported financials