FARMERS FS&LA Failed 1986
What happened
FARMERS FS&LA of RAVENSWOOD, WV was closed on 1986-10-23. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to POUGHKEEPSIE SB FSB (POUGHKEEPSIE, NY). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1294
- FDIC Certificate
- 27712
- FDIC FIN
- 1696
- Bank name
- FARMERS FS&LA
- Location
- RAVENSWOOD, WV
- Failure date
- 1986-10-23
- FDIC resolution date
- 1986-10-23
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $125M
- Assets at failure
- $131M
- Acquiring bank
- POUGHKEEPSIE SB FSB (POUGHKEEPSIE, NY)
Other banks POUGHKEEPSIE SB FSB acquired in FDIC resolutions