Bank failure · FL
Southeast Bank, National Association (Miami, FL) — failed September 19, 1991
Southeast Bank, National Association of Miami, Florida was closed on September 19, 1991 and resolved through a purchase and assumption. First Union National Bank O (FL) took over its insured deposits. At failure it held $11.0B in assets and $8.9B in deposits.
- Closing date
- September 19, 1991
- FDIC certificate #
- 3575
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- First Union National Bank O
- Insurance fund
- BIF
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