# ORANGE STATE BANK

> **Failed bank** · MIAMI, FL · failed 1989-12-08 · State commercial bank, Federal Reserve member · FDIC cost $1M

## What happened

ORANGE STATE BANK of MIAMI, FL was closed by state regulators on **1989-12-08**. The FDIC was named receiver.

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

Deposits were transferred to **HELM BANK** (MIAMI, FL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2583
- **FDIC Certificate:** 24623
- **FDIC FIN:** 4129
- **Bank name:** ORANGE STATE BANK
- **Location:** MIAMI, FL
- **Failure date:** 1989-12-08
- **FDIC resolution date:** 1989-12-08
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $8M
- **Assets at failure:** $8M
- **Acquiring bank:** HELM BANK (MIAMI, FL)

## Other banks HELM BANK has acquired in FDIC resolutions

- BRICKELLBANC SAVINGS ASSOC. (MIAMI, FL) — failed 1989-03-16 — /failed-bank/2260

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, ORANGE STATE BANK (FDIC ID 2583), failed 1989-12-08. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/2583.

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