# FIRST PRIORITY BANK

> **Failed bank** · BRADENTON, FL · failed 2008-08-01 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $96M

## What happened

FIRST PRIORITY BANK of BRADENTON, FL was closed by regulators on **2008-08-01**. The FDIC was named receiver.

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

Deposits were transferred to **SUNTRUST BANK** (ATLANTA, GA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3563
- **FDIC Certificate:** 57523
- **FDIC FIN:** 10010
- **Bank name:** FIRST PRIORITY BANK
- **Location:** BRADENTON, FL
- **Failure date:** 2008-08-01
- **FDIC resolution date:** 2008-08-01
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- **Estimated FDIC DIF cost:** $96M
- **Deposits at failure:** $227M
- **Assets at failure:** $259M
- **Acquiring bank:** SUNTRUST BANK (ATLANTA, GA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST PRIORITY BANK (FDIC ID 3563), failed 2008-08-01. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3563.

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