# FIRST FEDERAL SAV. ASSOC./BLUEFIELD

> **Failed bank** · BLUEFIELD, WV · failed 1990-02-23 · SL · FDIC cost $3M

## What happened

FIRST FEDERAL SAV. ASSOC./BLUEFIELD of BLUEFIELD, WV was closed by state regulators on **1990-02-23**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **FIRST FSB** (BLUEFIELD, WV). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2669
- **FDIC Certificate:** 28176
- **FDIC FIN:** 7211
- **Bank name:** FIRST FEDERAL SAV. ASSOC./BLUEFIELD
- **Location:** BLUEFIELD, WV
- **Failure date:** 1990-02-23
- **FDIC resolution date:** 1990-11-09
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $33M
- **Assets at failure:** $39M
- **Acquiring bank:** FIRST FSB (BLUEFIELD, WV)

## Other banks FIRST FSB has acquired in FDIC resolutions

- FIRST FEDERAL SAVINGS OF TOLEDO (TOLEDO, OH) — failed 1991-02-01 — /failed-bank/3007
- FIRST FEDERAL SAVINGS & LOAN (SAN ANTONIO, TX) — failed 1991-01-04 — /failed-bank/2984
- BROADVIEW SAVINGS BANK (CLEVELAND, OH) — failed 1989-03-30 — /failed-bank/2299
- PAN AMERICAN, FS&LA (RIO PIEDRAS, PR) — failed 1981-11-20 — /failed-bank/614
- FIRST FS&LA OF PUERTO RICO (SANTURCE, PR) — failed 1981-11-20 — /failed-bank/613

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20FEDERAL%20SAV.%20ASSOC.%2FBLUEFIELD

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST FEDERAL SAV. ASSOC./BLUEFIELD (FDIC ID 2669), failed 1990-02-23. Retrieved via AI Analytics 2026-07-06 from https://api.ai-analytics.org/failed-bank/2669.

---

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