CARDINAL FSB Failed 1988
What happened
CARDINAL FSB of CLEVELAND, OH was closed on 1988-12-01. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to CARDINAL FSB (CLEVELAND, OH). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1991
- FDIC Certificate
- 28596
- FDIC FIN
- 1780
- Bank name
- CARDINAL FSB
- Location
- CLEVELAND, OH
- Failure date
- 1988-12-01
- FDIC resolution date
- 1988-12-01
- Charter type
- Savings bank
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $453M
- Deposits at failure
- $1,458M
- Assets at failure
- $1,471M
- Acquiring bank
- CARDINAL FSB (CLEVELAND, OH)