SOUTHSIDE S&L Failed 1988
What happened
SOUTHSIDE S&L of LIMA, OH was closed on 1988-11-01. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to SOUTH SIDE SAVINGS BANK FSB (LIMA, OH). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1972
- FDIC Certificate
- 29971
- FDIC FIN
- 1764
- Bank name
- SOUTHSIDE S&L
- Location
- LIMA, OH
- Failure date
- 1988-11-01
- FDIC resolution date
- 1988-11-01
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $12M
- Deposits at failure
- $55M
- Assets at failure
- $54M
- Acquiring bank
- SOUTH SIDE SAVINGS BANK FSB (LIMA, OH)