# BRICKELLBANC SAVINGS ASSOC.

> **Failed bank** · MIAMI, FL · failed 1989-03-16 · SL · FDIC cost $15M

## What happened

BRICKELLBANC SAVINGS ASSOC. of MIAMI, FL was closed by state regulators 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
- **Estimated FDIC DIF cost:** $15M
- **Deposits at failure:** $37M
- **Assets at failure:** $39M
- **Acquiring bank:** HELM BANK (MIAMI, FL)

## Other banks HELM BANK has acquired in FDIC resolutions

- ORANGE STATE BANK (MIAMI, FL) — failed 1989-12-08 — /failed-bank/2583

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=BRICKELLBANC%20SAVINGS%20ASSOC.

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BRICKELLBANC SAVINGS ASSOC. (FDIC ID 2260), failed 1989-03-16. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/2260.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*