Victory 1 Project

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33 Florida Banks in Trouble as of August 2010

Detective Krum

More Florida Banks appear to be in trouble- 33 Florida banks to be exact and the list is here.  It appears some Florida banks are teetering on the brink of collapse. I have taken a few minutes to update a few of the Florida banks I believe may fail and go into receivership soon.  Remember, FDIC usually and I emphasize usually, waits until a Friday and goes in late on a Friday to close a bank.  You may want to consider moving your money from our list of failing banks very soon.

Banks in real trouble in Florida. (Note: It appears that SunTrust Bank is still in a very weak position. SunTrust Bank runs advertising saying they are strong and secure but the numbers appear to reflect a very weak condition.

AmericanFirst Bank in Clermont, Florida

Bank of Bonifay in Bonifay, Florida

Bank of Florida in Ft. Lauderdale, Florida

Bank of Florida in Naples, Florida

Bank of Florida in Tampa, Florida

Bank of Miami in Coral Gables, Florida

Bayside Savings Bank in Port St. Joe, Florida

Coastal Community Bank in Panama City, Florida

Community National Bank in Bartow, Florida

First Bank in Jacksonville, Florida

First Capital Bank in Marianna, Florida

First City Bank in Ft. Walton Beach, Florida

First Federal Bank in Palatka, Florida

First Guaranty Bank & Trust in Jacksonville, Florida

First Peoples Bank in Port St. Lucie, Florida

First Capital Bank in Jacksonville, Florida

Gulf State Community Bank in Carrabelle, Florida

Haven Trust Bank in Ponte Vedra Beach, Florida

Horizon  Bank in Bradenton, Florida

Independent Bankers Bank in Lake Mary, Florida

Independent National Bank in Ocala, Florida

Landmark Bank in Sarasota, Florida

Metro Bank in Miami, Florida (very likely to close real soon)

Oceanside Bank in Jacksonville Beach, Florida

Old Harbor Bank in Clearwater, Florida

Patriot Bank in Trinity, Florida

Premier Bank in Tallahassee, Florida

Putnam State Bank in Palatka, Florida

Riverside National Bank in Ft. Pierce, Florida

SouthBank in Palm Beach Gardens, Florida

Southshore Community Bank in Apollo Beach, Florida

Sunrise Bank in Cocoa Beach, Florida

Sunshine State Community Bank in Port Orange, Florida

TIB Bank in Naples, Florida

Tumberry Bank in Aventura, Florida (Likely to fail very soon)

Wakulla Bank in Crawfordville, Florida

Disclaimer: This post reflecting banks appearing to be in financial trouble does not assume these banks will fail however, in our opinion these banks have a strong possibility of failing and you should seek legal counsel before making a decision regarding any of our posts.


August 24, 2010 - Posted by | 1, Victory 1 News | , , , , ,

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