# GIROD TRUST COMPANY

> **Failed bank** · SAN JUAN, PR · failed 1984-08-16 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $86M

## What happened

GIROD TRUST COMPANY of SAN JUAN, PR was closed by regulators on **1984-08-16**. The FDIC was named receiver.

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

Deposits were transferred to **CITIBANK N A** (NEW YORK CITY, NY). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 906
- **FDIC Certificate:** 23765
- **FDIC FIN:** 2407
- **Bank name:** GIROD TRUST COMPANY
- **Location:** SAN JUAN, PR
- **Failure date:** 1984-08-16
- **FDIC resolution date:** 1984-08-16
- **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:** $86M
- **Deposits at failure:** $290M
- **Assets at failure:** $406M
- **Acquiring bank:** CITIBANK N A (NEW YORK CITY, NY)

## Other banks CITIBANK N A has acquired in FDIC resolutions

- BANCO REGIONAL (BAYAMON, PR) — failed 1982-06-12 — /failed-bank/671

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=GIROD%20TRUST%20COMPANY

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, GIROD TRUST COMPANY (FDIC ID 906), failed 1984-08-16. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/906.

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