PEOPLES FSB Failed 1988
What happened
PEOPLES FSB of WOOSTER, OH was closed on 1988-10-25. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to PEOPLES FEDERAL SAVINGS BAN (WOOSTER, OH). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1967
- FDIC Certificate
- 28196
- FDIC FIN
- 1760
- Bank name
- PEOPLES FSB
- Location
- WOOSTER, OH
- Failure date
- 1988-10-25
- FDIC resolution date
- 1988-10-25
- Charter type
- Savings bank
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $33M
- Deposits at failure
- $347M
- Assets at failure
- $341M
- Acquiring bank
- PEOPLES FEDERAL SAVINGS BAN (WOOSTER, OH)