Bank failure · FL
Tucker State Bank (Jacksonville, FL) — failed May 4, 1990
Tucker State Bank of Jacksonville, Florida was closed on May 4, 1990 and resolved through a purchase and assumption. Barnett Bank of Jacksonvill (FL) took over its insured deposits. At failure it held $41.8M in assets and $43.5M in deposits. The FDIC's estimated loss on the failure is $17.8M (42.7% of assets).
- Closing date
- May 4, 1990
- FDIC certificate #
- 25138
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Barnett Bank of Jacksonvill
- Insurance fund
- BIF
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