# GUARDIAN BANK

> **Failed bank** · SCOTTSDALE, AZ · failed 1990-04-26 · State commercial bank, Federal Reserve member · FDIC cost $8M

## What happened

GUARDIAN BANK of SCOTTSDALE, AZ was closed by state regulators on **1990-04-26**. The FDIC was named receiver.

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

Deposits were transferred to **CITIBANK (ARIZONA)** (PHOENIX, AZ). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2743
- **FDIC Certificate:** 25666
- **FDIC FIN:** 4190
- **Bank name:** GUARDIAN BANK
- **Location:** SCOTTSDALE, AZ
- **Failure date:** 1990-04-26
- **FDIC resolution date:** 1990-04-26
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $8M
- **Deposits at failure:** $27M
- **Assets at failure:** $26M
- **Acquiring bank:** CITIBANK (ARIZONA) (PHOENIX, AZ)

## Other banks CITIBANK (ARIZONA) has acquired in FDIC resolutions

- GATEWAY NATIONAL BANK (PHOENIX, AZ) — failed 1990-02-15 — /failed-bank/2655

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, GUARDIAN BANK (FDIC ID 2743), failed 1990-04-26. Retrieved via AI Analytics 2026-07-04 from https://api.ai-analytics.org/failed-bank/2743.

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