# TRADERS FS&LA

> **Failed bank** · PARKERSBURG, WV · failed 1988-02-10 · SL · FDIC cost $19M

## What happened

TRADERS FS&LA of PARKERSBURG, WV was closed by state regulators 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
- **Estimated FDIC DIF cost:** $19M
- **Deposits at failure:** $73M
- **Assets at failure:** $68M
- **Acquiring bank:** ATLANTIC FINANCIAL FEDERAL (CHARLESTOWN, WV)

## Other banks ATLANTIC FINANCIAL FEDERAL has acquired in FDIC resolutions

- PROVIDENT S&LA (PHILADELPHIA, PA) — failed 1983-07-05 — /failed-bank/796

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=TRADERS%20FS%26LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, TRADERS FS&LA (FDIC ID 1620), failed 1988-02-10. Retrieved via AI Analytics 2026-06-30 from https://api.ai-analytics.org/failed-bank/1620.

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