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FIRST PRIORITY BANK

FIRST PRIORITY BANK held $258.6 million in total assets at failure as of August 1, 2008, according to the FDIC.

FIRST PRIORITY BANK, of BRADENTON, FL, was an FDIC-insured institution that closed on August 1, 2008, as the FDIC records it.

The failure

August 1, 2008
Closed
$258.6 million
Assets at failure
$258,610,000
$226.7 million
Deposits at failure
$226,698,000
$95.6 million
Estimated cost to the insurance fund
$95,554,633
The FDIC's estimate as of July 31, 2026; it revises the estimate as it sells the bank's assets.
SUNTRUST BANK
Acquired by
ATLANTA, GA

The FDIC’s entry

FDIC certificate number
57523
Resolution
FAILURE
Transaction type
PI
Charter class
NM
Insurance fund
DIF
Insured since
December 8, 2003
Established
December 8, 2003
Recorded in
The FDIC’s failures data

Sources

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