Bank failure · FL
Southeast Bank of West Florida (Pensacola, FL) — failed September 19, 1991
Southeast Bank of West Florida of Pensacola, 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 $97.3M in assets and $88.2M in deposits.
- Closing date
- September 19, 1991
- FDIC certificate #
- 16944
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- First Union National Bank O
- Insurance fund
- BIF
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