SYRINGA BANK Failed 2014
What happened
SYRINGA BANK of BOISE, ID was closed on 2014-01-31. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to SUNWEST BANK (IRVINE, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 4060
- FDIC Certificate
- 34296
- FDIC FIN
- 10494
- Bank name
- SYRINGA BANK
- Location
- BOISE, ID
- Failure date
- 2014-01-31
- FDIC resolution date
- 2014-01-31
- 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.)
- $3M
- Deposits at failure
- $146M
- Assets at failure
- $153M
- Acquiring bank
- SUNWEST BANK (IRVINE, CA)
Other banks SUNWEST BANK acquired in FDIC resolutions