SUMMIT S&LA Failed 1986

PARK CITY, UT · SL · view on FDIC BankFind ↗

What happened

SUMMIT S&LA of PARK CITY, UT was closed on 1986-04-16. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1182
FDIC Certificate
31989
FDIC FIN
7555
Bank name
SUMMIT S&LA
Location
PARK CITY, UT
Failure date
1986-04-16
FDIC resolution date
1987-04-10
Charter type
SL
Resolution type
PO
FDIC DIF cost (est.)
$46M
Deposits at failure
$181M
Assets at failure
$211M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions