# BEACH FS&LA

> **Failed bank** · BOYNTON BEACH, FL · failed 1988-12-30 · SL · FDIC cost $1,291M

## What happened

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

**Resolution:** A/A

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


## Key facts

- **FDIC ID:** 2062
- **FDIC Certificate:** 32492
- **FDIC FIN:** 1785
- **Bank name:** BEACH FS&LA
- **Location:** BOYNTON BEACH, FL
- **Failure date:** 1988-12-30
- **FDIC resolution date:** 1988-12-30
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $1,291M
- **Deposits at failure:** $1,191M
- **Assets at failure:** $1,142M
- **Acquiring bank:** BEACH FS&LA (BOYNTON BEACH, FL)

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

- SUNRISE, S&LA (LAKE WORTH, FL) — failed 1985-07-18 — /failed-bank/1031

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BEACH FS&LA (FDIC ID 2062), failed 1988-12-30. Retrieved via AI Analytics 2026-07-03 from https://api.ai-analytics.org/failed-bank/2062.

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