FRONTIER SAVINGS ASSOCIATION Failed 1990
What happened
FRONTIER SAVINGS ASSOCIATION of LAS VEGAS, NV was closed on 1990-12-14. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to BANK OF AMERICA, NV (RENO, NV). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2973
- FDIC Certificate
- 31126
- FDIC FIN
- 7255
- Bank name
- FRONTIER SAVINGS ASSOCIATION
- Location
- LAS VEGAS, NV
- 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.)
- $-0M
- Deposits at failure
- $247M
- Assets at failure
- $252M
- Acquiring bank
- BANK OF AMERICA, NV (RENO, NV)