Record · Bank
CARIBANK
CARIBANK held $525.8 million in total assets at failure as of December 9, 1988, according to the FDIC.
CARIBANK, of DANIA, FL, was an FDIC-insured institution that closed on December 9, 1988, as the FDIC records it.
The failure
- December 9, 1988
- Closed
- $525.8 million
- Assets at failure
- $525,792,000
- $523.0 million
- Deposits at failure
- $522,990,000
- $39.0 million
- Estimated cost to the insurance fund
- $39,025,971
- The FDIC's estimate as of July 31, 2026; it revises the estimate as it sells the bank's assets.
- CITIBANK FLORIDA NA
- Acquired by
- DANIA, FL
The FDIC’s entry
- FDIC certificate number
- 143
- Resolution
- FAILURE
- Transaction type
- PA
- Charter class
- NM
- Insurance fund
- FDIC
- Insured since
- January 1, 1934
- Established
- August 2, 1926
- Recorded in
- The FDIC’s failures data
Sources
- FDIC failures — every bank failure and assistance transaction since 1934 — Federal Deposit Insurance Corporation · Public domain — U.S. Government work · retrieved September 27, 2026
Compiled automatically from FDIC failures — every bank failure and assistance transaction since 1934 by a checked SQL query · Editor: Kian O'Connor · How this site is built
Data retrieved