COMMUNITY FS & LA Failed 1990
What happened
COMMUNITY FS & LA of ST. LOUIS, MO was closed on 1990-12-14. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to BOATMEN'S BANCSHARES, INC. (ST. LOUIS, MO). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2970
- FDIC Certificate
- 28809
- FDIC FIN
- 7253
- Bank name
- COMMUNITY FS & LA
- Location
- ST. LOUIS, MO
- Failure date
- 1990-12-14
- FDIC resolution date
- 1990-12-14
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $306M
- Deposits at failure
- $2,283M
- Assets at failure
- $1,977M
- Acquiring bank
- BOATMEN'S BANCSHARES, INC. (ST. LOUIS, MO)