FIRST FS & LA OF PITTSBURG Failed 1991
What happened
FIRST FS & LA OF PITTSBURG of PITTSBURG, KS was closed on 1991-05-03. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FARM & HOME SA (KANSAS CITY, MO). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3082
- FDIC Certificate
- 28975
- FDIC FIN
- 2143
- Bank name
- FIRST FS & LA OF PITTSBURG
- Location
- PITTSBURG, KS
- Failure date
- 1991-05-03
- FDIC resolution date
- 1991-11-01
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $144M
- Assets at failure
- $291M
- Acquiring bank
- FARM & HOME SA (KANSAS CITY, MO)
Other banks FARM & HOME SA acquired in FDIC resolutions