CASS FS & LA OF ST. LOUIS Failed 1989
What happened
CASS FS & LA OF ST. LOUIS of FLORISSANT, MO was closed on 1989-04-06. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to FIRST EXCHANGE BANK (FLORISSANT, MO). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2321
- FDIC Certificate
- 29017
- FDIC FIN
- 7089
- Bank name
- CASS FS & LA OF ST. LOUIS
- Location
- FLORISSANT, MO
- Failure date
- 1989-04-06
- FDIC resolution date
- 1990-06-22
- Charter type
- SL
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $13M
- Deposits at failure
- $66M
- Assets at failure
- $52M
- Acquiring bank
- FIRST EXCHANGE BANK (FLORISSANT, MO)