COMMUNITY FS&LA Failed 1987
What happened
COMMUNITY FS&LA of HAMILTON, OH was closed on 1987-12-29. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to UNION FEDERAL SAVINGS BANK (INDIANAPOLIS, IN). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1587
- FDIC Certificate
- 28015
- FDIC FIN
- 1716
- Bank name
- COMMUNITY FS&LA
- Location
- HAMILTON, OH
- Failure date
- 1987-12-29
- FDIC resolution date
- 1987-12-29
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $21M
- Deposits at failure
- $379M
- Assets at failure
- $406M
- Acquiring bank
- UNION FEDERAL SAVINGS BANK (INDIANAPOLIS, IN)