Data / Bank failures / 1984 / Girod Trust Company
Girod Trust Company, San Juan, PR: failed August 16, 1984
Girod Trust Company in San Juan, Puerto Rico, failed on August 16, 1984. Citibank N A of New York City, NY, took over its deposits. It held $405.7 million in assets and $289.7 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $86.3 million (21.3% of its assets). By assets it was the 7th largest of 106 banks closed or assisted in 1984.
SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.
The FDIC's record
- Closed
- August 16, 1984
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Citibank N A, New York City, NY
- Total assets
- $405,685,000
- Total deposits
- $289,698,000
- Estimated cost to the FDIC
- $86,340,830 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 23765
Other bank failures in Puerto Rico, 1982 to 1986
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Banco de Ahorro, F.S.B. | Mayaguez | May 30, 1986 | $34 million | $30 million | $7 million | Banco Popular de Puerto |
| Home FS&LA (assistance) | Ponce | October 1, 1984 | $45.6 million | $23.7 million | $1.7 million | Caguas FS&LA of Puerto Rico |
| Union Trust Company | San Juan | December 9, 1983 | $30.6 million | $25.7 million | $9.2 million | Banco Popular de Puerto |
| United FS&LA of Puerto Rico (assistance) | San Juan | July 30, 1982 | $286.9 million | $215.9 million | Caguas FS&LA | |
| Banco Regional | Bayamon | June 12, 1982 | $21.4 million | $17.9 million | $319,816 | Citibank N A |
Other failed banks Citibank N A took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Banco Regional | Bayamon | PR | June 12, 1982 | $21.4 million | $17.9 million | $319,816 | Citibank N A |
All bank failures in 1984 · All bank failures in Puerto Rico · Every failed bank Citibank N A took over · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.