# IMPERIAL BANK

> **Failed bank** · CORAL GABLES, FL · failed 1990-03-30 · State commercial bank, Federal Reserve member · FDIC cost $5M

## What happened

IMPERIAL BANK of CORAL GABLES, FL was closed by state regulators on **1990-03-30**. 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:** 2719
- **FDIC Certificate:** 26469
- **FDIC FIN:** 4176
- **Bank name:** IMPERIAL BANK
- **Location:** CORAL GABLES, FL
- **Failure date:** 1990-03-30
- **FDIC resolution date:** 1990-03-30
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $5M
- **Deposits at failure:** $24M
- **Assets at failure:** $23M
- **Acquiring bank:** COMMERCEBANK, NATIONAL ASSO (MIAMI, FL)

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

- MIAMI NATIONAL BANK (MIAMI, FL) — failed 1990-03-22 — /failed-bank/2711

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, IMPERIAL BANK (FDIC ID 2719), failed 1990-03-30. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/failed-bank/2719.

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