FIRST FSB OF INDIANA Failed 1988

MERRILLVILLE, IN · Savings bank · view on FDIC BankFind ↗

What happened

FIRST FSB OF INDIANA of MERRILLVILLE, IN was closed on 1988-10-12. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to FIRST FSB OF INDIANA (MERRILLVILLE, IN). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1952
FDIC Certificate
29025
FDIC FIN
1758
Bank name
FIRST FSB OF INDIANA
Location
MERRILLVILLE, IN
Failure date
1988-10-12
FDIC resolution date
1988-10-12
Charter type
Savings bank
Resolution type
A/A
FDIC DIF cost (est.)
$22M
Deposits at failure
$287M
Assets at failure
$272M
Acquiring bank
FIRST FSB OF INDIANA (MERRILLVILLE, IN)

Other banks FIRST FSB OF INDIANA acquired in FDIC resolutions