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Premier American Bank

From Wikipedia, the free encyclopedia

Premier American Bank
IndustryBanking
Financial services
DefunctJanuary 22, 2010 (January 22, 2010)
FateClosed by the Florida Office of Financial Regulation
SuccessorFlorida Community Bank
Headquarters,
Area served
Florida

Premier American Bank was an American bank that operated in Miami, Florida until it was closed by the Florida Office of Financial Regulation on January 22, 2010.[1] It had provided consumer and business banking services to communities throughout Florida.

The Federal Deposit Insurance Corporation (FDIC) assumed control, then entered into a purchase and assumptions agreement with Bond Street Holding.[2]

The remaining operations of the bank changed its name to Florida Community Bank in July 2011.[3]

History

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In July 2011, the bank changed its name to Florida Community Bank N.A.

References

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  1. ^ Layden, Laura. "Banks fell in the Great Recession, but they're stronger now". Naples News. Retrieved 29 September 2021.
  2. ^ "Premier American Bank, Miami, Florida, National Association, Assumes All of the Deposits of Premier American Bank, Miami, Florida". www.fdic.gov. 22 January 2010. Retrieved 29 September 2021.
  3. ^ "Premier American Bank plans name change to Florida Community Bank". www.bizjournals.com. Retrieved 29 September 2021.