RIVERSIDE NATIONAL BANK OF FLORIDA Failed 2010
What happened
RIVERSIDE NATIONAL BANK OF FLORIDA of FORT PIERCE, FL was closed on 2010-04-16. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to TD BANK, NATIONAL ASSOCIATION (WILMINGTON, DE). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3778
- FDIC Certificate
- 24067
- FDIC FIN
- 10216
- Bank name
- RIVERSIDE NATIONAL BANK OF FLORIDA
- Location
- FORT PIERCE, FL
- Failure date
- 2010-04-16
- FDIC resolution date
- 2010-04-16
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $2,724M
- Assets at failure
- $3,394M
- Acquiring bank
- TD BANK, NATIONAL ASSOCIATION (WILMINGTON, DE)
Other banks TD BANK, NATIONAL ASSOCIATION acquired in FDIC resolutions