Relevant:
- Imploded: Community National Bank At Bartow, Bartow, Florida
- Imploded: Olde Cypress Community Bank, Clewiston, Florida
- Imploded: Coastal Community Bank, Panama City Beach, Florida
- Imploded: Gulf State Community Bank, Carrabelle, Florida
- Imploded: Premier Community Bank of the Emerald Coast, Crestview, Florida
2011-04-29 — bankimplode.com
Cortez Community Bank, Brooksville, Florida, became the 36th causality of the banking crisis as it was closed by the Florida Office of Financial Regulation, which appointed the FDIC as receiver. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) for Cortez Community Bank, will be $18.6 million. Read our full coverage here.
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