ARSENAL SA Failed 1988
What happened
ARSENAL SA of INDIANAPOLIS, IN was closed on 1988-09-01. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to UNION FSB OF INDIANAPOLIS (INDIANAPOLIS, IN). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1910
- FDIC Certificate
- 28020
- FDIC FIN
- 1752
- Bank name
- ARSENAL SA
- Location
- INDIANAPOLIS, IN
- Failure date
- 1988-09-01
- FDIC resolution date
- 1988-09-01
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $45M
- Deposits at failure
- $179M
- Assets at failure
- $158M
- Acquiring bank
- UNION FSB OF INDIANAPOLIS (INDIANAPOLIS, IN)