# FIRST BANKAMERICANO

> **Failed bank** · ELIZABTH, NJ · failed 2009-07-31 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $20M

## What happened

FIRST BANKAMERICANO of ELIZABTH, NJ was closed by regulators on **2009-07-31**. The FDIC was named receiver.

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

Deposits were transferred to **CROWN BANK** (BRICK, NJ). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3661
- **FDIC Certificate:** 34270
- **FDIC FIN:** 10097
- **Bank name:** FIRST BANKAMERICANO
- **Location:** ELIZABTH, NJ
- **Failure date:** 2009-07-31
- **FDIC resolution date:** 2009-07-31
- **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:** $20M
- **Deposits at failure:** $155M
- **Assets at failure:** $163M
- **Acquiring bank:** CROWN BANK (BRICK, NJ)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST BANKAMERICANO (FDIC ID 3661), failed 2009-07-31. Retrieved via AI Analytics 2026-07-06 from https://api.ai-analytics.org/failed-bank/3661.

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