Bank failure · FL
Tropical Fs&la (Miami, FL) — failed April 13, 1989
Tropical Fs&la of Miami, Florida was closed on April 13, 1989 and resolved through a a/a. First Federal Sb (PR) took over its insured deposits. At failure it held $55.0M in assets and $61.8M in deposits. The FDIC's estimated loss on the failure is $11.9M (21.7% of assets).
- Closing date
- April 13, 1989
- FDIC certificate #
- 32108
- Resolution
- A/A (assistance)
- Acquiring institution
- First Federal Sb
- Insurance fund
- FSLIC
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- Columbia Fsa TX
- Silver Savings Assoc. NM
- First City National Bank and Trust NY
- United Community Bank CA
- First American Bank and Trust FL
- Red River S & L Assoc. LA
- Yorkridge-Calvert Federal Savings MD
- First Acadiana Bank LA
- North Side State Bank OK
- Canyon Lake Bank TX
- Louisiana Savings Assn. LA
- City National Bank of Sayre OK
- Midlothian National Bank TX
- First Bank, Pineville, Louisiana LA
- Orange State Bank FL
- Atlantic Permanent Federal VA
- City Savings, FSB NJ
- Atlantic National Bank VA
- Aledo State Bank TX
- First Commerce National Bank AZ
- First National Bank of Frisco TX
- Westheimer Memorial Bank, NA TX
- The Garnett S & L Assoc. KS
- Arlington Heights Savings Assoc. IL