SUPERIOR FSA Failed 1990
What happened
SUPERIOR FSA of CLEVELAND, OH was closed on 1990-10-23. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to HOME FSB, NORTHERN OH (LAKEWOOD, OH). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2924
- FDIC Certificate
- 28464
- FDIC FIN
- 2127
- Bank name
- SUPERIOR FSA
- Location
- CLEVELAND, OH
- Failure date
- 1990-10-23
- FDIC resolution date
- 1991-09-27
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $21M
- Deposits at failure
- $58M
- Assets at failure
- $96M
- Acquiring bank
- HOME FSB, NORTHERN OH (LAKEWOOD, OH)