DORAL BANK Failed 2015
What happened
DORAL BANK of SAN JUAN, PR was closed on 2015-02-27. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to BANCO POPULAR DE PUERTO RICO (HATO REY, PR). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 4079
- FDIC Certificate
- 32102
- FDIC FIN
- 10513
- Bank name
- DORAL BANK
- Location
- SAN JUAN, PR
- Failure date
- 2015-02-27
- FDIC resolution date
- 2015-02-27
- 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.)
- $691M
- Deposits at failure
- $4,098M
- Assets at failure
- $5,899M
- Acquiring bank
- BANCO POPULAR DE PUERTO RICO (HATO REY, PR)
Other banks BANCO POPULAR DE PUERTO RICO acquired in FDIC resolutions