MOULTRIE SAVINGS BANK FSB Failed 1990
What happened
MOULTRIE SAVINGS BANK FSB of MOULTRIE, GA was closed on 1990-06-15. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to MOULTRIE NB (MOULTRIE, GA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2816
- FDIC Certificate
- 27890
- FDIC FIN
- 7265
- Bank name
- MOULTRIE SAVINGS BANK FSB
- Location
- MOULTRIE, GA
- Failure date
- 1990-06-15
- FDIC resolution date
- 1991-01-04
- Charter type
- Savings bank
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $2M
- Deposits at failure
- $53M
- Assets at failure
- $66M
- Acquiring bank
- MOULTRIE NB (MOULTRIE, GA)