Data / Bank failures / 1985 / Sunrise, S&LA
Sunrise, S&LA, Lake Worth, FL: failed July 18, 1985
Sunrise, S&LA in Lake Worth, Florida, failed on July 18, 1985. Beach FS&LA of Boynton Beach, FL, took over its deposits. It held $1.52 billion in assets and $1.50 billion in deposits at its last report. The FDIC estimates the cost to its insurance fund at $419.2 million (27.6% of its assets). By assets it was the 6th largest of 180 banks closed or assisted in 1985.
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
- July 18, 1985
- Type
- Failure
- Acquirer
- Beach FS&LA, Boynton Beach, FL
- Total assets
- $1,516,512,000
- Total deposits
- $1,498,748,000
- Estimated cost to the FDIC
- $419,224,900 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 32016
Other bank failures in Florida, 1983 to 1987
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| McNulty Banking Company | ST. Petersburg | August 14, 1987 | $56.6 million | $53.2 million | $6.8 million | Barnett BK of Pinellas C |
| Bayshore Bank of Florida | Miami | August 7, 1987 | $41.5 million | $40.3 million | $6.7 million | Eagle National Bank of M |
| Freedom S&LA | Tampa | July 23, 1987 | $1.89 billion | $1.24 billion | ||
| Liberty S&LA | New Port Richey | May 15, 1987 | $98.7 million | $115.5 million | ||
| Southern Floridabanc Sa | Boca Raton | April 16, 1987 | $219.1 million | $256.6 million | ||
| South Florida Savings Bank (assistance) | Davie | March 25, 1987 | $172 million | $176.3 million | $4.2 million | First FS&LA of Jacksonville |
| The County Bank | Manatee County | February 13, 1987 | $187.1 million | $159.6 million | $69.1 million | NCNB NB of Florida |
| Metropolitan FS&LA | Hialeah | August 27, 1986 | $49.8 million | $49.9 million |
Other failed banks Beach FS&LA took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Beach FS&LA (assistance) | Boynton Beach | FL | December 30, 1988 | $1.14 billion | $1.19 billion | $1.29 billion | Beach FS&LA |
All bank failures in 1985 · All bank failures in Florida · Every failed bank Beach FS&LA 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.