Peoples National Bank of Commerce, Miami

Status:Inactive as of 09/10/1999
 Absorption - Assisted
Successor Bank:OneUnited Bank
Headquarters:Peoples National Bank of Commerce, Miami
3275 N.W. 79th Street
Miami, FL 33147
Established:02/04/1960
FDIC Insurance:02/04/1960
FDIC Cert:#18147
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$36,823,000
Total Deposits:$35,946,000

History

1960-02-04Institution established: Original name:Peoples National Bank of Commerce, Miami
1996-02-12Acquired Jefferson Bank (22516) in LAUDERDALE LAKES, FL
1999-09-10Failed. Acquired with government financial assistance and subsequently operated as part of The Boston Bank of Commerce (23966)
2001-04-30Acquired Founders National Bank (33305) in LOS ANGELES, CA
2002-12-16Changed name to OneUnited Bank (23966)
2002-12-31Acquired Family Savings Bank, F.S.B. (30376) in LOS ANGELES, CA
2007-08-20Moved bank headquarters from MIAMI, FL to BOSTON, MA

Financial Information (1998-12-31 and Older)