# BROWARD FS&LA

> **Failed bank** · SUNRISE, FL · failed 1988-12-31 · SL · FDIC cost $221M

## What happened

BROWARD FS&LA of SUNRISE, FL was closed by state regulators 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
- **Estimated FDIC DIF cost:** $221M
- **Deposits at failure:** $494M
- **Assets at failure:** $536M
- **Acquiring bank:** CALIFORNIA FS&LA-BROWARD (SUNRISE, FL)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BROWARD FS&LA (FDIC ID 2064), failed 1988-12-31. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/2064.

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