EQUITABLE S & LA, FA Failed 1990
What happened
EQUITABLE S & LA, FA of COLUMBUS, NE was closed on 1990-02-16. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to CONSERVATIVE SB, FSB (OMAHA, NE). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2662
- FDIC Certificate
- 31320
- FDIC FIN
- 7081
- Bank name
- EQUITABLE S & LA, FA
- Location
- COLUMBUS, NE
- Failure date
- 1990-02-16
- FDIC resolution date
- 1990-06-22
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $4M
- Deposits at failure
- $64M
- Assets at failure
- $73M
- Acquiring bank
- CONSERVATIVE SB, FSB (OMAHA, NE)
Other banks CONSERVATIVE SB, FSB acquired in FDIC resolutions