MIDLAND BUCKEYE SAVINGS Failed 1989
What happened
MIDLAND BUCKEYE SAVINGS of ALLIANCE, OH was closed on 1989-03-30. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to CITIZENS BANKING CO. (SALINEVILLE, OH). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2302
- FDIC Certificate
- 29694
- FDIC FIN
- 7160
- Bank name
- MIDLAND BUCKEYE SAVINGS
- Location
- ALLIANCE, OH
- Failure date
- 1989-03-30
- FDIC resolution date
- 1990-09-07
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $25M
- Deposits at failure
- $212M
- Assets at failure
- $219M
- Acquiring bank
- CITIZENS BANKING CO. (SALINEVILLE, OH)