PIONEER FS&LA IN MASON CITY Failed 1988
What happened
PIONEER FS&LA IN MASON CITY of MASON CITY, IA was closed on 1988-08-26. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to PIONEER FS&LA (MASON CITY, IA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1883
- FDIC Certificate
- 29500
- FDIC FIN
- 1741
- Bank name
- PIONEER FS&LA IN MASON CITY
- Location
- MASON CITY, IA
- Failure date
- 1988-08-26
- FDIC resolution date
- 1988-08-26
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $141M
- Deposits at failure
- $310M
- Assets at failure
- $314M
- Acquiring bank
- PIONEER FS&LA (MASON CITY, IA)
Other banks PIONEER FS&LA acquired in FDIC resolutions