# HAMILTON BANK, NATIONAL ASSOCIATION

> **Failed bank** · MIAMI, FL · failed 2002-01-11 · National commercial bank (OCC-chartered) · FDIC cost $102M

## What happened

HAMILTON BANK, NATIONAL ASSOCIATION of MIAMI, FL was closed by the OCC on **2002-01-11**. The FDIC was named receiver.

**Resolution:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors

Deposits were transferred to **ISRAEL DISCOUNT BANK OF NEW** (NEW YORK, NY). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3535
- **FDIC Certificate:** 24382
- **FDIC FIN:** 4650
- **Bank name:** HAMILTON BANK, NATIONAL ASSOCIATION
- **Location:** MIAMI, FL
- **Failure date:** 2002-01-11
- **FDIC resolution date:** 2002-01-11
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- **Estimated FDIC DIF cost:** $102M
- **Deposits at failure:** $1,299M
- **Assets at failure:** $1,409M
- **Acquiring bank:** ISRAEL DISCOUNT BANK OF NEW (NEW YORK, NY)
- **FDIC comments:** Resolution Method: IDT and Partial Payout

## Other banks ISRAEL DISCOUNT BANK OF NEW has acquired in FDIC resolutions

- MONUMENT NATIONAL BANK (RIDGECREST, CA) — failed 2000-06-02 — /failed-bank/3526

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=HAMILTON%20BANK%2C%20NATIONAL%20ASSOCIATION

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, HAMILTON BANK, NATIONAL ASSOCIATION (FDIC ID 3535), failed 2002-01-11. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3535.

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