BROWARD FS&LA Failed 1988
What happened
BROWARD FS&LA of SUNRISE, FL was closed on 1988-12-31. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to CALIFORNIA FS&LA-BROWARD (SUNRISE, FL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2064
- FDIC Certificate
- 31946
- FDIC FIN
- 1789
- Bank name
- BROWARD FS&LA
- Location
- SUNRISE, FL
- Failure date
- 1988-12-31
- FDIC resolution date
- 1988-12-31
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $221M
- Deposits at failure
- $494M
- Assets at failure
- $536M
- Acquiring bank
- CALIFORNIA FS&LA-BROWARD (SUNRISE, FL)