SUNRISE, S&LA Failed 1985
What happened
SUNRISE, S&LA of LAKE WORTH, FL was closed on 1985-07-18. The FDIC was named receiver.
Resolution: ABT
Deposits were transferred to BEACH FS&LA (BOYNTON BEACH, FL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1031
- FDIC Certificate
- 32016
- FDIC FIN
- 7543
- Bank name
- SUNRISE, S&LA
- Location
- LAKE WORTH, FL
- Failure date
- 1985-07-18
- FDIC resolution date
- 1986-09-12
- Charter type
- SL
- Resolution type
- ABT
- FDIC DIF cost (est.)
- $419M
- Deposits at failure
- $1,499M
- Assets at failure
- $1,517M
- Acquiring bank
- BEACH FS&LA (BOYNTON BEACH, FL)
Other banks BEACH FS&LA acquired in FDIC resolutions