COMMUNITY NATIONAL BANK AT BARTOW Failed 2010
What happened
COMMUNITY NATIONAL BANK AT BARTOW of BARTOW, FL was closed on 2010-08-20. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to CENTERSTATE BANK OF FLORIDA, NATIONAL ASSOCIATION (WINTER HAVEN, FL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3845
- FDIC Certificate
- 25266
- FDIC FIN
- 10279
- Bank name
- COMMUNITY NATIONAL BANK AT BARTOW
- Location
- BARTOW, FL
- Failure date
- 2010-08-20
- FDIC resolution date
- 2010-08-20
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $9M
- Deposits at failure
- $64M
- Assets at failure
- $68M
- Acquiring bank
- CENTERSTATE BANK OF FLORIDA, NATIONAL ASSOCIATION (WINTER HAVEN, FL)
Other banks CENTERSTATE BANK OF FLORIDA, NATIONAL ASSOCIATION acquired in FDIC resolutions