# SEMINOLE NATIONAL BANK

> **Failed bank** · HOLLYWOOD, FL · failed 1989-04-27 · National commercial bank (OCC-chartered) · FDIC cost $1M

## What happened

SEMINOLE NATIONAL BANK of HOLLYWOOD, FL was closed by the OCC on **1989-04-27**. The FDIC was named receiver.

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

Deposits were transferred to **FAMILY BANK OF HALLANDALE** (HALLANDALE, FL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2361
- **FDIC Certificate:** 25794
- **FDIC FIN:** 4010
- **Bank name:** SEMINOLE NATIONAL BANK
- **Location:** HOLLYWOOD, FL
- **Failure date:** 1989-04-27
- **FDIC resolution date:** 1989-04-27
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $8M
- **Assets at failure:** $7M
- **Acquiring bank:** FAMILY BANK OF HALLANDALE (HALLANDALE, FL)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SEMINOLE NATIONAL BANK (FDIC ID 2361), failed 1989-04-27. Retrieved via AI Analytics 2026-07-09 from https://api.ai-analytics.org/failed-bank/2361.

---

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