# FIRST FS&LA

> **Failed bank** · COLUMBUS, GA · failed 1988-12-01 · SL · FDIC cost $1M

## What happened

FIRST FS&LA of COLUMBUS, GA was closed by state regulators 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
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $242M
- **Assets at failure:** $266M
- **Acquiring bank:** BARNETT FSB (COLUMBUS, GA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20FS%26LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST FS&LA (FDIC ID 1993), failed 1988-12-01. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/1993.

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