DUVAL FEDERAL SAVINGS ASSN. Failed 1990

JACKSONVILLE, FL · SL · view on FDIC BankFind ↗

What happened

DUVAL FEDERAL SAVINGS ASSN. of JACKSONVILLE, FL was closed on 1990-01-18. The FDIC was named receiver.

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

Deposits were transferred to BRANCH SALE (NONE, NA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2619
FDIC Certificate
30677
FDIC FIN
7405
Bank name
DUVAL FEDERAL SAVINGS ASSN.
Location
JACKSONVILLE, FL
Failure date
1990-01-18
FDIC resolution date
1991-08-16
Charter type
SL
Resolution type
Insured Deposit Transfer — insured deposits transferred to another bank
FDIC DIF cost (est.)
$132M
Deposits at failure
$862M
Assets at failure
$1,016M
Acquiring bank
BRANCH SALE (NONE, NA)

Other banks BRANCH SALE acquired in FDIC resolutions