# NORTH RIDGE BANK

> **Failed bank** · OAKLAND PARK, FL · failed 1991-12-20 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $3M

## What happened

NORTH RIDGE BANK of OAKLAND PARK, FL was closed by regulators on **1991-12-20**. The FDIC was named receiver.

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

Deposits were transferred to **INTERCONTINENTAL BANK** (MIAMI, FL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3251
- **FDIC Certificate:** 21113
- **FDIC FIN:** 4433
- **Bank name:** NORTH RIDGE BANK
- **Location:** OAKLAND PARK, FL
- **Failure date:** 1991-12-20
- **FDIC resolution date:** 1991-12-20
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $93M
- **Assets at failure:** $94M
- **Acquiring bank:** INTERCONTINENTAL BANK (MIAMI, FL)

## Other banks INTERCONTINENTAL BANK has acquired in FDIC resolutions

- NATIONAL CITY BANK (CORAL SPRINGS, FL) — failed 1992-02-21 — /failed-bank/3275

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, NORTH RIDGE BANK (FDIC ID 3251), failed 1991-12-20. Retrieved via AI Analytics 2026-06-24 from https://api.ai-analytics.org/failed-bank/3251.

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