SUNSHINE STATE BANK Failed 1986

SOUTH MIAMI, FL · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

SUNSHINE STATE BANK of SOUTH MIAMI, FL was closed on 1986-05-23. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1198
FDIC Certificate
20857
FDIC FIN
6694
Bank name
SUNSHINE STATE BANK
Location
SOUTH MIAMI, FL
Failure date
1986-05-23
FDIC resolution date
1986-05-23
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
PO
FDIC DIF cost (est.)
$59M
Deposits at failure
$103M
Assets at failure
$109M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions