# SUN S&LA

> **Failed bank** · PORTLAND, ME · failed 1985-10-04 · SL · FDIC cost $18M

## What happened

SUN S&LA of PORTLAND, ME was closed by state regulators 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
- **Estimated FDIC DIF cost:** $18M
- **Deposits at failure:** $177M
- **Assets at failure:** $232M
- **Acquiring bank:** SUN SAVINGS&LOAN ASSN (PORTLAND, ME)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=SUN%20S%26LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SUN S&LA (FDIC ID 1080), failed 1985-10-04. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/1080.

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