INTERSTATE BANK OF COMMERCE Failed 1989

MIAMI, FL · State commercial bank, Federal Reserve member · view on FDIC BankFind ↗

What happened

INTERSTATE BANK OF COMMERCE of MIAMI, FL was closed on 1989-03-31. 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
2309
FDIC Certificate
26807
FDIC FIN
5965
Bank name
INTERSTATE BANK OF COMMERCE
Location
MIAMI, FL
Failure date
1989-03-31
FDIC resolution date
1989-03-31
Charter type
State commercial bank, Federal Reserve member
Resolution type
PO
FDIC DIF cost (est.)
$2M
Deposits at failure
$7M
Assets at failure
$6M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions