HAVEN FS & LA Failed 1990

WINTER HAVEN, FL · SL · view on FDIC BankFind ↗

What happened

HAVEN FS & LA of WINTER HAVEN, FL was closed on 1990-03-02. The FDIC was named receiver.

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

Deposits were transferred to BARNETT BANK OF POLK COUNTY (LAKELAND, FL). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2687
FDIC Certificate
32588
FDIC FIN
7245
Bank name
HAVEN FS & LA
Location
WINTER HAVEN, FL
Failure date
1990-03-02
FDIC resolution date
1990-12-07
Charter type
SL
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$33M
Deposits at failure
$146M
Assets at failure
$172M
Acquiring bank
BARNETT BANK OF POLK COUNTY (LAKELAND, FL)