CAPITAL FS&LA Failed 1988
What happened
CAPITAL FS&LA of GARY, 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
- 1953
- FDIC Certificate
- 29978
- FDIC FIN
- 1758
- Bank name
- CAPITAL FS&LA
- Location
- GARY, IN
- Failure date
- 1988-10-12
- FDIC resolution date
- 1988-10-12
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $7M
- Deposits at failure
- $56M
- Assets at failure
- $51M
- Acquiring bank
- FIRST FSB OF INDIANA (MERRILLVILLE, IN)
Other banks FIRST FSB OF INDIANA acquired in FDIC resolutions