# LYDIAN PRIVATE BANK

> **Failed bank** · PALM BEACH, FL · failed 2011-08-19 · Savings bank · FDIC cost $184M

## What happened

LYDIAN PRIVATE BANK of PALM BEACH, FL was closed by state regulators on **2011-08-19**. The FDIC was named receiver.

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

Deposits were transferred to **SABADELL UNITED BANK, NATIONAL ASSOCIATION** (MIAMI, FL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3956
- **FDIC Certificate:** 35356
- **FDIC FIN:** 10392
- **Bank name:** LYDIAN PRIVATE BANK
- **Location:** PALM BEACH, FL
- **Failure date:** 2011-08-19
- **FDIC resolution date:** 2011-08-19
- **Charter type:** Savings bank
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $184M
- **Deposits at failure:** $1,254M
- **Assets at failure:** $1,700M
- **Acquiring bank:** SABADELL UNITED BANK, NATIONAL ASSOCIATION (MIAMI, FL)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=LYDIAN%20PRIVATE%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, LYDIAN PRIVATE BANK (FDIC ID 3956), failed 2011-08-19. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3956.

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