SECURITY TRUST S&LA Failed 1985
What happened
SECURITY TRUST S&LA of OAKRIDGE, TN was closed on 1985-10-28. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to SECURITY SLA (JACKSON, MS). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1090
- FDIC Certificate
- 31841
- FDIC FIN
- 1674
- Bank name
- SECURITY TRUST S&LA
- Location
- OAKRIDGE, TN
- Failure date
- 1985-10-28
- FDIC resolution date
- 1985-10-28
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $10M
- Deposits at failure
- $27M
- Assets at failure
- $29M
- Acquiring bank
- SECURITY SLA (JACKSON, MS)