LINCOLN FS&LA Failed 1986
What happened
LINCOLN FS&LA of LOUISVILLE, KY was closed on 1986-12-31. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to FIRST NATIONWIDE SVG FS&LA (SAN FRANCISCO, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1332
- FDIC Certificate
- 27865
- FDIC FIN
- 1700
- Bank name
- LINCOLN FS&LA
- Location
- LOUISVILLE, KY
- Failure date
- 1986-12-31
- FDIC resolution date
- 1986-12-31
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $93M
- Deposits at failure
- $478M
- Assets at failure
- $461M
- Acquiring bank
- FIRST NATIONWIDE SVG FS&LA (SAN FRANCISCO, CA)
Other banks FIRST NATIONWIDE SVG FS&LA acquired in FDIC resolutions