# SECURITY TRUST S&LA

> **Failed bank** · OAKRIDGE, TN · failed 1985-10-28 · SL · FDIC cost $10M

## What happened

SECURITY TRUST S&LA of OAKRIDGE, TN was closed by state regulators 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
- **Estimated FDIC DIF cost:** $10M
- **Deposits at failure:** $27M
- **Assets at failure:** $29M
- **Acquiring bank:** SECURITY SLA (JACKSON, MS)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SECURITY TRUST S&LA (FDIC ID 1090), failed 1985-10-28. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/1090.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*