多宝游戏下载

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Bank Failures

Failed Bank Information for Net First National Bank, Boca Raton, FL

Information for Net First National Bank, Boca Raton, FL

  1. Introduction
  2. Press Release
  3. Acquiring Financial Institution
  4. Priority of Claims
  5. Dividend Information
  6. Receivership Termination

Please be advised you will not receive any email notification to claim/unlock/unsuspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.

I.  Introduction

On March 1, 2002, Net First National Bank ("Net 1st"), Boca Raton, FL was closed by the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (多宝游戏下载) was named Receiver. As Receiver, the 多宝游戏下载 is charged with winding up the business affairs of the failed financial institution. This includes the disposition of assets and liabilities of the failed financial institution and payment of dividends to approved creditors in order of priority.

The 多宝游戏下载, as Receiver, has taken all necessary actions to conclude the affairs of the failed financial institution, made all dividend distributions as required by law and the receivership estate is deemed terminated.


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II.  Press Release

The 多宝游戏下载 has issued a about the institution鈥檚 closure.  If you represent a media outlet and would like information about the closure, please contact the 多宝游戏下载 Public Affairs Office at (202) 898-6993.


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III.  Acquiring Financial Institution

All insured deposit accounts were transferred to Bank Leumi USA, New York, NY ("assuming institution") and were available immediately.  Your bank re-opened during regular business hours at the following Bank Leumi offices:

5295 Town Center Road
Boca Raton, FL  33486


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IV.  Priority of Claims

In accordance with Federal law, allowed claims will be paid, after administrative expenses, in the following order of priority:

  1. Depositors
  2. General Unsecured Creditors
  3. Subordinated Debt
  4. Stockholders


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V.  Dividend Information


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VI.  Receivership Termination

The 多宝游戏下载, as Receiver for Net First National Bank, Boca Raton, FL has taken all actions necessary to terminate the Receivership Estate.

The Receiver published a legal notice of intent to terminate the receivership in the Sun-Sentinel, Deerfield Beach, FL on August 20, 2006.

The Receiver has made all dividend distributions required by law.

Effective February 16, 2007, the Receivership Estate has been terminated, the Receiver discharged, and the Receivership Estate has ceased to exist as a legal entity.


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General Disclaimer

Last Updated: April 9, 2008