FRONTIER FEDERAL SAVINGS BANK Failed 1988
What happened
FRONTIER FEDERAL SAVINGS BANK of DYERSBURG, TN was closed on 1988-06-06. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to SECURITY FIRST FSB (DYERSBURG, TN). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1771
- FDIC Certificate
- 29402
- FDIC FIN
- 1731
- Bank name
- FRONTIER FEDERAL SAVINGS BANK
- Location
- DYERSBURG, TN
- Failure date
- 1988-06-06
- FDIC resolution date
- 1988-06-06
- Charter type
- Savings bank
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $11M
- Deposits at failure
- $42M
- Assets at failure
- $44M
- Acquiring bank
- SECURITY FIRST FSB (DYERSBURG, TN)