FIRST NATIONAL BANK OF CENTRAL FLORIDA Failed 2011
What happened
FIRST NATIONAL BANK OF CENTRAL FLORIDA of WINTER PARK, FL was closed on 2011-04-29. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to PREMIER AMERICAN BANK, NATIONAL ASSOCIATION (MIAMI, FL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3926
- FDIC Certificate
- 26297
- FDIC FIN
- 10362
- Bank name
- FIRST NATIONAL BANK OF CENTRAL FLORIDA
- Location
- WINTER PARK, FL
- Failure date
- 2011-04-29
- FDIC resolution date
- 2011-04-29
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $43M
- Deposits at failure
- $309M
- Assets at failure
- $342M
- Acquiring bank
- PREMIER AMERICAN BANK, NATIONAL ASSOCIATION (MIAMI, FL)
Other banks PREMIER AMERICAN BANK, NATIONAL ASSOCIATION acquired in FDIC resolutions