# ENTERPRISE BANK OF FLORIDA

> **Failed bank** · MIAMI LAKES, FL · failed 1989-03-17 · State commercial bank, Federal Reserve member · FDIC cost $4M

## What happened

ENTERPRISE BANK OF FLORIDA of MIAMI LAKES, FL was closed by state regulators on **1989-03-17**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **EASTERN NATIONAL BANK** (HIALEAH, FL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2273
- **FDIC Certificate:** 26257
- **FDIC FIN:** 2978
- **Bank name:** ENTERPRISE BANK OF FLORIDA
- **Location:** MIAMI LAKES, FL
- **Failure date:** 1989-03-17
- **FDIC resolution date:** 1989-03-17
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $26M
- **Assets at failure:** $28M
- **Acquiring bank:** EASTERN NATIONAL BANK (HIALEAH, FL)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=ENTERPRISE%20BANK%20OF%20FLORIDA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, ENTERPRISE BANK OF FLORIDA (FDIC ID 2273), failed 1989-03-17. Retrieved via AI Analytics 2026-07-19 from https://api.ai-analytics.org/failed-bank/2273.

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