INTERNATIONAL FS & LA Failed 1990

N. MIAMI BEACH, FL · SL · view on FDIC BankFind ↗

What happened

INTERNATIONAL FS & LA of N. MIAMI BEACH, FL was closed on 1990-10-12. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to PAYOUT (NONE, NA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2918
FDIC Certificate
32064
FDIC FIN
7341
Bank name
INTERNATIONAL FS & LA
Location
N. MIAMI BEACH, FL
Failure date
1990-10-12
FDIC resolution date
1991-07-05
Charter type
SL
Resolution type
PO
FDIC DIF cost (est.)
$13M
Deposits at failure
$81M
Assets at failure
$84M
Acquiring bank
PAYOUT (NONE, NA)

Other banks PAYOUT acquired in FDIC resolutions