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Bank failure · FL

Southern Floridabanc Sa (Boca Raton, FL) — failed April 16, 1987

Southern Floridabanc Sa of Boca Raton, Florida was closed on April 16, 1987 and resolved through a assisted merger. 0 (0) took over its insured deposits. At failure it held $219.1M in assets and $256.6M in deposits.

Closing date
April 16, 1987
FDIC certificate #
32204
Resolution
Assisted merger (failure)
Acquiring institution
0
Insurance fund
FSLIC

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