UNITED SA OF CENTRAL INDIANA Failed 1988
What happened
UNITED SA OF CENTRAL INDIANA of TIPTON, IN was closed on 1988-09-01. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to FIRST FEDERAL BANK A FSB (VINCENNES, IN). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1914
- FDIC Certificate
- 31533
- FDIC FIN
- 1755
- Bank name
- UNITED SA OF CENTRAL INDIANA
- Location
- TIPTON, IN
- Failure date
- 1988-09-01
- FDIC resolution date
- 1988-09-01
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $7M
- Deposits at failure
- $65M
- Assets at failure
- $57M
- Acquiring bank
- FIRST FEDERAL BANK A FSB (VINCENNES, IN)
Other banks FIRST FEDERAL BANK A FSB acquired in FDIC resolutions