Record · Bank
CYPRUS SA
CYPRUS SA held $172.8 million in total assets at failure as of November 10, 1988, according to the FDIC.
CYPRUS SA, of PLANTATION, FL, was an FDIC-insured institution that closed on November 10, 1988, as the FDIC records it.
The failure
- November 10, 1988
- Closed
- $172.8 million
- Assets at failure
- $172,828,000
- $203.7 million
- Deposits at failure
- $203,688,000
- $98.9 million
- Estimated cost to the insurance fund
- $98,868,960
- The FDIC's estimate as of July 31, 2026; it revises the estimate as it sells the bank's assets.
- None recorded
- Acquired by
The FDIC’s entry
- FDIC certificate number
- 32109
- Resolution
- FAILURE
- Transaction type
- IDT
- Charter class
- SL
- Insurance fund
- FSLIC
- Insured since
- December 22, 1981
- Established
- December 22, 1981
- 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