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Bank Failures

Failed Bank Information for Hillcrest Bank Florida, Naples, FL

On Friday, October 23, 2009, Hillcrest Bank Florida was closed by the Florida Office of Financial Regulation. The FDIC was named Receiver. Stonegate Bank, Fort Lauderdale, FL acquired all deposit accounts.

The FDIC as Receiver for Hillcrest Bank Florida, Naples, FL has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on March 30, 2022 and has made all dividend distributions required by law.

Effective December 1, 2022, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.

Receivership Status: TERMINATED

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Notice of Termination

Effective Date: December 1, 2022
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Notice of Intent to Terminate

Publication Date: March 30, 2022
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Dividend Information

Report on dividends paid
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Press Release

Official press release

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: STONEGATE BANK

About Stonegate Bank

All deposit accounts, excluding certain brokered deposits, were transferred to Stonegate Bank, Fort Lauderdale, FL ("assuming institution"). Former Hillcrest Bank Florida locations reopened as branches of Stonegate Bank.

Your transferred deposits were separately insured from any accounts you may have already had at Stonegate Bank for at least six months after the failure of Hillcrest Bank Florida.

You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with Stonegate Bank as long as the deposits are not pledged as collateral for loans.

Contacting Stonegate Bank

On 9/27/2017, Stonegate Bank merged with Centennial Bank.

You can contact Centennial Bank:

Centennial Bank
620 Chestnut St
Conway, AR 72032

Centennial Bank (www.my100bank.com)

Transaction Documentation

Purchase & Assumption Agreement - PDF
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank

Last Updated: December 14, 2022