# UNITED GUARANTY FED. SAVINGS BANK

> **Failed bank** · TULLAHOMA, TN · failed 1989-03-09 · Savings bank · FDIC cost $3M

## What happened

UNITED GUARANTY FED. SAVINGS BANK of TULLAHOMA, TN was closed by state regulators on **1989-03-09**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **FRANKLIN COUNTY BANK** (WINCHESTER, TN). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2208
- **FDIC Certificate:** 31829
- **FDIC FIN:** 6976
- **Bank name:** UNITED GUARANTY FED. SAVINGS BANK
- **Location:** TULLAHOMA, TN
- **Failure date:** 1989-03-09
- **FDIC resolution date:** 1990-05-04
- **Charter type:** Savings bank
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $13M
- **Assets at failure:** $11M
- **Acquiring bank:** FRANKLIN COUNTY BANK (WINCHESTER, TN)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=UNITED%20GUARANTY%20FED.%20SAVINGS%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, UNITED GUARANTY FED. SAVINGS BANK (FDIC ID 2208), failed 1989-03-09. Retrieved via AI Analytics 2026-07-10 from https://api.ai-analytics.org/failed-bank/2208.

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