FIRST FS&LA Failed 1988
What happened
FIRST FS&LA of COLUMBUS, GA was closed on 1988-12-01. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to BARNETT FSB (COLUMBUS, GA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1993
- FDIC Certificate
- 29362
- FDIC FIN
- 1775
- Bank name
- FIRST FS&LA
- Location
- COLUMBUS, GA
- Failure date
- 1988-12-01
- FDIC resolution date
- 1988-12-01
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $1M
- Deposits at failure
- $242M
- Assets at failure
- $266M
- Acquiring bank
- BARNETT FSB (COLUMBUS, GA)