# FIRST FS&LA OF JACKSONVILLE

> **Failed bank** · JACKSONVILLE, FL · failed 1988-12-30 · SL · FDIC cost $26M

## What happened

FIRST FS&LA OF JACKSONVILLE of JACKSONVILLE, FL was closed by state regulators on **1988-12-30**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **FIRST FS&LA** (JACKSONVILLE, FL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2056
- **FDIC Certificate:** 29251
- **FDIC FIN:** 1784
- **Bank name:** FIRST FS&LA OF JACKSONVILLE
- **Location:** JACKSONVILLE, FL
- **Failure date:** 1988-12-30
- **FDIC resolution date:** 1988-12-30
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $26M
- **Deposits at failure:** $1,014M
- **Assets at failure:** $1,244M
- **Acquiring bank:** FIRST FS&LA (JACKSONVILLE, FL)

## Other banks FIRST FS&LA has acquired in FDIC resolutions

- FIRST OF LONGVIEW (LONGVIEW, WA) — failed 1988-08-02 — /failed-bank/1847
- ARCTIC FS&LA (FAIRBANKS, AK) — failed 1981-05-09 — /failed-bank/592

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST FS&LA OF JACKSONVILLE (FDIC ID 2056), failed 1988-12-30. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/2056.

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