GOLD COAST SAVINGS BANK Failed 1990

PLANTATION, FL · SL · view on FDIC BankFind ↗

What happened

GOLD COAST SAVINGS BANK of PLANTATION, FL was closed on 1990-10-19. The FDIC was named receiver.

Resolution: Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to BRANCH SALE (NONE, NA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2923
FDIC Certificate
32255
FDIC FIN
7418
Bank name
GOLD COAST SAVINGS BANK
Location
PLANTATION, FL
Failure date
1990-10-19
FDIC resolution date
1991-08-23
Charter type
SL
Resolution type
Insured Deposit Transfer — insured deposits transferred to another bank
FDIC DIF cost (est.)
$47M
Deposits at failure
$142M
Assets at failure
$152M
Acquiring bank
BRANCH SALE (NONE, NA)

Other banks BRANCH SALE acquired in FDIC resolutions