# FIRST BORDER SB

> **Failed bank** · PIQUA, OH · failed 1988-12-17 · SL · FDIC cost $20M

## What happened

FIRST BORDER SB of PIQUA, OH was closed by state regulators on **1988-12-17**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **WORLD S&LA OF OHIO** (PIQUA, OH). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2018
- **FDIC Certificate:** 30666
- **FDIC FIN:** 1769
- **Bank name:** FIRST BORDER SB
- **Location:** PIQUA, OH
- **Failure date:** 1988-12-17
- **FDIC resolution date:** 1988-12-17
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $20M
- **Deposits at failure:** $107M
- **Assets at failure:** $111M
- **Acquiring bank:** WORLD S&LA OF OHIO (PIQUA, OH)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST BORDER SB (FDIC ID 2018), failed 1988-12-17. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/2018.

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