# MIAMI NATIONAL BANK

> **Failed bank** · MIAMI, FL · failed 1990-03-22 · National commercial bank (OCC-chartered) · FDIC cost $5M

## What happened

MIAMI NATIONAL BANK of MIAMI, FL was closed by the OCC on **1990-03-22**. The FDIC was named receiver.

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

Deposits were transferred to **COMMERCEBANK, NATIONAL ASSO** (MIAMI, FL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2711
- **FDIC Certificate:** 17665
- **FDIC FIN:** 4167
- **Bank name:** MIAMI NATIONAL BANK
- **Location:** MIAMI, FL
- **Failure date:** 1990-03-22
- **FDIC resolution date:** 1990-03-22
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $5M
- **Deposits at failure:** $45M
- **Assets at failure:** $46M
- **Acquiring bank:** COMMERCEBANK, NATIONAL ASSO (MIAMI, FL)

## Other banks COMMERCEBANK, NATIONAL ASSO has acquired in FDIC resolutions

- IMPERIAL BANK (CORAL GABLES, FL) — failed 1990-03-30 — /failed-bank/2719

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MIAMI NATIONAL BANK (FDIC ID 2711), failed 1990-03-22. Retrieved via AI Analytics 2026-07-14 from https://api.ai-analytics.org/failed-bank/2711.

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