GUARANTY S&LA Failed 1985
What happened
GUARANTY S&LA of HARRISON, AR was closed on 1985-12-06. The FDIC was named receiver.
Resolution: ABT
Deposits were transferred to SUPERIOR FEDERAL BANK, FSB (FORT SMITH, AR). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1114
- FDIC Certificate
- 31321
- FDIC FIN
- 7524
- Bank name
- GUARANTY S&LA
- Location
- HARRISON, AR
- Failure date
- 1985-12-06
- FDIC resolution date
- 1987-01-07
- Charter type
- SL
- Resolution type
- ABT
- FDIC DIF cost (est.)
- $64M
- Deposits at failure
- $317M
- Assets at failure
- $451M
- Acquiring bank
- SUPERIOR FEDERAL BANK, FSB (FORT SMITH, AR)