BRICKELLBANC SAVINGS ASSOC. Failed 1989
What happened
BRICKELLBANC SAVINGS ASSOC. of MIAMI, FL was closed on 1989-03-16. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to HELM BANK (MIAMI, FL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2260
- FDIC Certificate
- 32011
- FDIC FIN
- 7045
- Bank name
- BRICKELLBANC SAVINGS ASSOC.
- Location
- MIAMI, FL
- Failure date
- 1989-03-16
- FDIC resolution date
- 1990-06-08
- Charter type
- SL
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $15M
- Deposits at failure
- $37M
- Assets at failure
- $39M
- Acquiring bank
- HELM BANK (MIAMI, FL)
Other banks HELM BANK acquired in FDIC resolutions