# BAY FSB

> **Failed bank** · WEST PALM BEACH, FL · failed 1991-09-06 · SL · FDIC cost $13M

## What happened

BAY FSB of WEST PALM BEACH, FL was closed by state regulators on **1991-09-06**. The FDIC was named receiver.

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

Deposits were transferred to **FIDELITY FSB OF FL** (WEST PALM BEACH, FL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3183
- **FDIC Certificate:** 32454
- **FDIC FIN:** 1291
- **Bank name:** BAY FSB
- **Location:** WEST PALM BEACH, FL
- **Failure date:** 1991-09-06
- **FDIC resolution date:** 1994-07-15
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $13M
- **Deposits at failure:** $54M
- **Assets at failure:** $58M
- **Acquiring bank:** FIDELITY FSB OF FL (WEST PALM BEACH, FL)

## Other banks FIDELITY FSB OF FL has acquired in FDIC resolutions

- HANSEN FSB (PALM BEACH GARDEN, FL) — failed 1992-01-10 — /failed-bank/3256

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BAY FSB (FDIC ID 3183), failed 1991-09-06. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/3183.

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