SUN S&LA Failed 1985

PORTLAND, ME · SL · view on FDIC BankFind ↗

What happened

SUN S&LA of PORTLAND, ME was closed on 1985-10-04. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to SUN SAVINGS&LOAN ASSN (PORTLAND, ME). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1080
FDIC Certificate
28422
FDIC FIN
1673
Bank name
SUN S&LA
Location
PORTLAND, ME
Failure date
1985-10-04
FDIC resolution date
1985-10-04
Charter type
SL
Resolution type
A/A
FDIC DIF cost (est.)
$18M
Deposits at failure
$177M
Assets at failure
$232M
Acquiring bank
SUN SAVINGS&LOAN ASSN (PORTLAND, ME)