# RIVERSIDE BANK OF THE GULF COAST

> **Failed bank** · CAPE CORAL, FL · failed 2009-02-13 · State commercial bank, Federal Reserve member · FDIC cost $200M

## What happened

RIVERSIDE BANK OF THE GULF COAST of CAPE CORAL, FL was closed by state regulators on **2009-02-13**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 3605
- **FDIC Certificate:** 34563
- **FDIC FIN:** 10038
- **Bank name:** RIVERSIDE BANK OF THE GULF COAST
- **Location:** CAPE CORAL, FL
- **Failure date:** 2009-02-13
- **FDIC resolution date:** 2009-02-13
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $200M
- **Deposits at failure:** $423M
- **Assets at failure:** $524M
- **Acquiring bank:** TIB BANK (NAPLES, FL)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=RIVERSIDE%20BANK%20OF%20THE%20GULF%20COAST

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, RIVERSIDE BANK OF THE GULF COAST (FDIC ID 3605), failed 2009-02-13. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3605.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*