HERITAGE FSA Failed 1990
What happened
HERITAGE FSA of LAMAR, CO was closed on 1990-04-20. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FIRST NB IN LAMAR (LAMAR, CO). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2735
- FDIC Certificate
- 30301
- FDIC FIN
- 7414
- Bank name
- HERITAGE FSA
- Location
- LAMAR, CO
- Failure date
- 1990-04-20
- FDIC resolution date
- 1991-08-23
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $8M
- Deposits at failure
- $44M
- Assets at failure
- $46M
- Acquiring bank
- FIRST NB IN LAMAR (LAMAR, CO)