# COMMERCE BANK OF TAMPA

> **Failed bank** · TAMPA, FL · failed 1990-02-02 · State commercial bank, Federal Reserve member · FDIC cost $4M

## What happened

COMMERCE BANK OF TAMPA of TAMPA, FL was closed by state regulators on **1990-02-02**. The FDIC was named receiver.

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

Deposits were transferred to **SOUTHERN EXCHANGE BANK** (TAMPA, FL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2640
- **FDIC Certificate:** 26429
- **FDIC FIN:** 4149
- **Bank name:** COMMERCE BANK OF TAMPA
- **Location:** TAMPA, FL
- **Failure date:** 1990-02-02
- **FDIC resolution date:** 1990-02-02
- **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:** $22M
- **Assets at failure:** $22M
- **Acquiring bank:** SOUTHERN EXCHANGE BANK (TAMPA, FL)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, COMMERCE BANK OF TAMPA (FDIC ID 2640), failed 1990-02-02. Retrieved via AI Analytics 2026-07-08 from https://api.ai-analytics.org/failed-bank/2640.

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