Bank failure · FL
The Private Bank & Trust, Nation (Miami, FL) — failed October 29, 1991
The Private Bank & Trust, Nation of Miami, Florida was closed on October 29, 1991 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $4.3M in assets and $0 in deposits. The FDIC's estimated loss on the failure is $1.5M (36.0% of assets).
- Closing date
- October 29, 1991
- FDIC certificate #
- 26695
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- BIF
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