# ARSENAL SA

> **Failed bank** · INDIANAPOLIS, IN · failed 1988-09-01 · SL · FDIC cost $45M

## What happened

ARSENAL SA of INDIANAPOLIS, IN was closed by state regulators 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
- **Estimated FDIC DIF cost:** $45M
- **Deposits at failure:** $179M
- **Assets at failure:** $158M
- **Acquiring bank:** UNION FSB OF INDIANAPOLIS (INDIANAPOLIS, IN)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=ARSENAL%20SA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, ARSENAL SA (FDIC ID 1910), failed 1988-09-01. Retrieved via AI Analytics 2026-07-02 from https://api.ai-analytics.org/failed-bank/1910.

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