FIRST FS&LA OF MAYFIELD Failed 1988
What happened
FIRST FS&LA OF MAYFIELD of MAYFIELD, KY was closed on 1988-10-12. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to REPUBLIC SAVINGS BANK FSB (LOUISVILLE, KY). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1951
- FDIC Certificate
- 27999
- FDIC FIN
- 1759
- Bank name
- FIRST FS&LA OF MAYFIELD
- Location
- MAYFIELD, KY
- Failure date
- 1988-10-12
- FDIC resolution date
- 1988-10-12
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $22M
- Deposits at failure
- $73M
- Assets at failure
- $51M
- Acquiring bank
- REPUBLIC SAVINGS BANK FSB (LOUISVILLE, KY)