# LIBERTY FEDERAL SAVINGS

> **Failed bank** · NEW PORT RICHEY, FL · failed 1989-03-16 · SL · FDIC cost $35M

## What happened

LIBERTY FEDERAL SAVINGS of NEW PORT RICHEY, FL was closed by state regulators on **1989-03-16**. The FDIC was named receiver.

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

Deposits were transferred to **CITIZENS & SOUTHERN NB FL** (FT. LAUDERDALE, FL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2269
- **FDIC Certificate:** 32540
- **FDIC FIN:** 6902
- **Bank name:** LIBERTY FEDERAL SAVINGS
- **Location:** NEW PORT RICHEY, FL
- **Failure date:** 1989-03-16
- **FDIC resolution date:** 1989-08-10
- **Charter type:** SL
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $35M
- **Deposits at failure:** $91M
- **Assets at failure:** $60M
- **Acquiring bank:** CITIZENS & SOUTHERN NB FL (FT. LAUDERDALE, FL)
- **FDIC comments:** FSLIC-RTC Duplicate Failures

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=LIBERTY%20FEDERAL%20SAVINGS

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, LIBERTY FEDERAL SAVINGS (FDIC ID 2269), failed 1989-03-16. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/2269.

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