Failed Bank Information for Century Bank, a Federal Savings Bank, Sarasota, FL
On November 13, 2009, Century Bank, F.S.B. was closed by the Office of Thrift Supervision. The FDIC was named Receiver. IBERIABANK, Lafayette, LA acquired all deposit accounts.
The FDIC as Receiver for Century Bank, a Federal Savings Bank, Sarasota, FL has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on September 20, 2021 and has made all dividend distributions required by law.
Effective June 1, 2022, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.
Effective Date: June 1, 2022
Publication Date: September 20, 2021
Report on dividends paid
Official press release
Beware of scams!
Please be advised you will not receive any email notification to claim, unlock or suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.
Beware of scams!
Please be advised you will not receive any email notification to claim/unlock/suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.
ACQUIRING INSTITUTION: IBERIABANK
All deposit accounts, excluding certain brokered deposits, were transferred to IBERIABANK, Lafayette, LA ("assuming institution"). Former Century Bank, F.S.B. locations reopened as branches of IBERIABANK.
Your transferred deposits were separately insured from any accounts you may have already had at IBERIABANK for at least six months after the failure of Century Bank, F.S.B..
You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with IBERIABANK as long as the deposits are not pledged as collateral for loans.
On July 02, 2020 IBERIABANK merged with First Horizon Bank
You can contact First Horizon Bank:
First Horizon Bank
165 Madison Ave
Memphis, TN 38103
First Horizon Bank (www.firsthorizon.com)
Purchase & Assumption Agreement - PDF (
Agreement between FDIC and acquiring institution
Report on the bids to purchase the failed bank