TRADERS FS&LA Failed 1988
What happened
TRADERS FS&LA of PARKERSBURG, WV was closed on 1988-02-10. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to ATLANTIC FINANCIAL FEDERAL (CHARLESTOWN, WV). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1620
- FDIC Certificate
- 29246
- FDIC FIN
- 1722
- Bank name
- TRADERS FS&LA
- Location
- PARKERSBURG, WV
- Failure date
- 1988-02-10
- FDIC resolution date
- 1988-02-10
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $19M
- Deposits at failure
- $73M
- Assets at failure
- $68M
- Acquiring bank
- ATLANTIC FINANCIAL FEDERAL (CHARLESTOWN, WV)
Other banks ATLANTIC FINANCIAL FEDERAL acquired in FDIC resolutions