# OLD HARBOR BANK

> **Failed bank** · CLEARWATER, FL · failed 2011-10-21 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $26M

## What happened

OLD HARBOR BANK of CLEARWATER, FL was closed by regulators on **2011-10-21**. The FDIC was named receiver.

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

Deposits were transferred to **1st UNITED BANK** (BOCA RATON, FL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3974
- **FDIC Certificate:** 57537
- **FDIC FIN:** 10408
- **Bank name:** OLD HARBOR BANK
- **Location:** CLEARWATER, FL
- **Failure date:** 2011-10-21
- **FDIC resolution date:** 2011-10-21
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $26M
- **Deposits at failure:** $212M
- **Assets at failure:** $209M
- **Acquiring bank:** 1st UNITED BANK (BOCA RATON, FL)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, OLD HARBOR BANK (FDIC ID 3974), failed 2011-10-21. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3974.

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