RAMONA S&LA Failed 1986
What happened
RAMONA S&LA of FILLMORE, CA was closed on 1986-09-12. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to MIDWEST FS&LA OF MINNEAPOLI (MINNEAPOLIS, MN). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1274
- FDIC Certificate
- 28664
- FDIC FIN
- 7567
- Bank name
- RAMONA S&LA
- Location
- FILLMORE, CA
- Failure date
- 1986-09-12
- FDIC resolution date
- 1988-02-26
- Charter type
- SL
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $59M
- Deposits at failure
- $96M
- Assets at failure
- $108M
- Acquiring bank
- MIDWEST FS&LA OF MINNEAPOLI (MINNEAPOLIS, MN)
Other banks MIDWEST FS&LA OF MINNEAPOLI acquired in FDIC resolutions