FAMILY FS&LA Failed 1985
What happened
FAMILY FS&LA of SPRINGFIELD, VA was closed on 1985-09-27. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to COLUMBIA FIRST FS&LA (WASHINGTON, DC). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1074
- FDIC Certificate
- 31652
- FDIC FIN
- 1671
- Bank name
- FAMILY FS&LA
- Location
- SPRINGFIELD, VA
- Failure date
- 1985-09-27
- FDIC resolution date
- 1985-09-27
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $1M
- Deposits at failure
- $71M
- Assets at failure
- $57M
- Acquiring bank
- COLUMBIA FIRST FS&LA (WASHINGTON, DC)