ST. LOUIS COUNTY SAVINGS ASSOC. Failed 1990
What happened
ST. LOUIS COUNTY SAVINGS ASSOC. of FERGUSON, MO was closed on 1990-01-11. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to SOUTH SIDE NB IN ST. LOUIS (ST. LOUIS, MO). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2609
- FDIC Certificate
- 28928
- FDIC FIN
- 7109
- Bank name
- ST. LOUIS COUNTY SAVINGS ASSOC.
- Location
- FERGUSON, MO
- Failure date
- 1990-01-11
- FDIC resolution date
- 1990-06-28
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $81M
- Assets at failure
- $86M
- Acquiring bank
- SOUTH SIDE NB IN ST. LOUIS (ST. LOUIS, MO)