Failed Bank Information for LandMark Bank of Florida, Sarasota, FL
On Friday, July 22, 2011, LandMark Bank of Florida was closed by the Florida Office of Financial Regulation. The FDIC was named Receiver. American Momentum Bank, Tampa, FL acquired all deposit accounts.
The FDIC as Receiver for LandMark Bank of Florida, 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 July 31, 2017 and has made all dividend distributions required by law.
Effective December 1, 2017, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.
Effective Date: December 1, 2017
Publication Date: July 31, 2017
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: AMERICAN MOMENTUM BANK
About American Momentum Bank
All deposit accounts, including brokered deposits, were transferred to American Momentum Bank, Tampa, FL ("assuming institution"). Former LandMark Bank of Florida locations reopened as branches of American Momentum Bank.
Your transferred deposits were separately insured from any accounts you may have already had at American Momentum Bank for at least six months after the failure of LandMark Bank of Florida.
You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with American Momentum Bank as long as the deposits are not pledged as collateral for loans.
Contacting American Momentum Bank
You can contact American Momentum Bank:
American Momentum Bank
One Momentum Boulevard
College Station,TX 77845
American Momentum Bank (www.americanmomentumbank.com)
Purchase & Assumption Agreement - PDF (4.18Mb)
Agreement between FDIC and acquiring institution
Report on the bids to purchase the failed bank