HAVEN TRUST BANK FLORIDA Failed 2010
What happened
HAVEN TRUST BANK FLORIDA of PONTE VEDRA BEACH, FL was closed on 2010-09-24. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FIRST SOUTHERN BANK (BOCA RATON, FL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3860
- FDIC Certificate
- 58308
- FDIC FIN
- 10293
- Bank name
- HAVEN TRUST BANK FLORIDA
- Location
- PONTE VEDRA BEACH, FL
- Failure date
- 2010-09-24
- FDIC resolution date
- 2010-09-24
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $35M
- Deposits at failure
- $134M
- Assets at failure
- $149M
- Acquiring bank
- FIRST SOUTHERN BANK (BOCA RATON, FL)
Other banks FIRST SOUTHERN BANK acquired in FDIC resolutions