SOUTH FLORIDA SAVINGS BANK Failed 1987
What happened
SOUTH FLORIDA SAVINGS BANK of DAVIE, FL was closed on 1987-03-25. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to FIRST FS&LA OF JACKSONVILLE (JACKSONVILLE, FL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1402
- FDIC Certificate
- 32050
- FDIC FIN
- 1784
- Bank name
- SOUTH FLORIDA SAVINGS BANK
- Location
- DAVIE, FL
- Failure date
- 1987-03-25
- FDIC resolution date
- 1988-12-31
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $4M
- Deposits at failure
- $176M
- Assets at failure
- $172M
- Acquiring bank
- FIRST FS&LA OF JACKSONVILLE (JACKSONVILLE, FL)