MID-AMERICA FS & LA Failed 1990
What happened
MID-AMERICA FS & LA of COLUMBUS, OH was closed on 1990-12-15. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to NBD BANK (COLUMBUS, OH). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2975
- FDIC Certificate
- 28783
- FDIC FIN
- 7258
- Bank name
- MID-AMERICA FS & LA
- Location
- COLUMBUS, OH
- Failure date
- 1990-12-15
- FDIC resolution date
- 1990-12-15
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $894M
- Assets at failure
- $1,206M
- Acquiring bank
- NBD BANK (COLUMBUS, OH)