SURETY FS&LA Failed 1987
What happened
SURETY FS&LA of MORGANTON, NC was closed on 1987-12-11. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to SURETY FS&LA FSA (MORGANTON, NC). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1579
- FDIC Certificate
- 30411
- FDIC FIN
- 0
- Bank name
- SURETY FS&LA
- Location
- MORGANTON, NC
- Failure date
- 1987-12-11
- FDIC resolution date
- 1987-12-11
- Charter type
- SL
- Resolution type
- A/A
- Deposits at failure
- $111M
- Assets at failure
- $125M
- Acquiring bank
- SURETY FS&LA FSA (MORGANTON, NC)