# COMMERCE BANK OF SOUTHWEST FLORIDA

> **Failed bank** · FORT MYERS, FL · failed 2009-11-20 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $32M

## What happened

COMMERCE BANK OF SOUTHWEST FLORIDA of FORT MYERS, FL was closed by regulators on **2009-11-20**. The FDIC was named receiver.

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

Deposits were transferred to **CENTRAL BANK** (STILLWATER, MN). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3717
- **FDIC Certificate:** 58016
- **FDIC FIN:** 10151
- **Bank name:** COMMERCE BANK OF SOUTHWEST FLORIDA
- **Location:** FORT MYERS, FL
- **Failure date:** 2009-11-20
- **FDIC resolution date:** 2009-11-20
- **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:** $32M
- **Deposits at failure:** $73M
- **Assets at failure:** $71M
- **Acquiring bank:** CENTRAL BANK (STILLWATER, MN)

## Other banks CENTRAL BANK has acquired in FDIC resolutions

- THE RIVERBANK (WYOMING, MN) — failed 2011-10-07 — /failed-bank/3965
- ROSEMOUNT NATIONAL BANK (ROSEMOUNT, MN) — failed 2011-04-15 — /failed-bank/3923
- RIVERVIEW COMMUNITY BANK (OSTEGO, MN) — failed 2009-10-23 — /failed-bank/3696
- JENNINGS STATE BANK (SPRING GROVE, MN) — failed 2009-10-02 — /failed-bank/3689
- MAINSTREET BANK (FOREST LAKE, MN) — failed 2009-08-28 — /failed-bank/3675
- NATIONAL INDUSTRIAL BANK OF CONNECTICUT (MERIDEN, CT) — failed 1989-11-09 — /failed-bank/2547
- DELTA PACIFIC BANK (PITTSBURG, CA) — failed 1987-10-30 — /failed-bank/1549
- AMERICAN CITY BANK (LOS ANGLES, CA) — failed 1983-02-25 — /failed-bank/754

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=COMMERCE%20BANK%20OF%20SOUTHWEST%20FLORIDA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, COMMERCE BANK OF SOUTHWEST FLORIDA (FDIC ID 3717), failed 2009-11-20. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/3717.

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