Skip Header

Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Since 1933, no depositor has ever lost a penny of FDIC-insured funds

Bid Summary

Turnberry Bank, Aventura, FL
Closing Date: July 16, 2010

Bidder Type of Transaction Deposit Premium/(Discount) % Asset Premium/(Discount) $(000) SF Loss Share Tranche 1 SF Loss Share Tranche 2 SF Loss Share Tranche 3 Commercial Loss Share Tranche 1 Commercial Loss Share Tranche 2 Commercial Loss Share Tranche 3 Value Appreciation Instrument Conforming Bid Linked
Winning Bid and Bidder:
NAFH National Bank, Charlotte, NC
All deposit whole bank with loss share 0% $ (22,300) 80% 80% N/A 80% 80% N/A No Yes Yes
Other Bid:


Back to top

Skip Footer back to content