# EQUITABLE S & LA, FA

> **Failed bank** · COLUMBUS, NE · failed 1990-02-16 · SL · FDIC cost $4M

## What happened

EQUITABLE S & LA, FA of COLUMBUS, NE was closed by state regulators 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
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $64M
- **Assets at failure:** $73M
- **Acquiring bank:** CONSERVATIVE SB, FSB (OMAHA, NE)

## Other banks CONSERVATIVE SB, FSB has acquired in FDIC resolutions

- THE OVERLAND PARK FS & LA (OVERLAND PARK, KS) — failed 1992-11-13 — /failed-bank/3414

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=EQUITABLE%20S%20%26%20LA%2C%20FA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, EQUITABLE S & LA, FA (FDIC ID 2662), failed 1990-02-16. Retrieved via AI Analytics 2026-07-16 from https://api.ai-analytics.org/failed-bank/2662.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*