GUARANTY FSA Failed 1991
What happened
GUARANTY FSA of WARNER ROBINS, GA was closed on 1991-05-10. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to CROSSROADS BANK OF GA (PERRY, GA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3100
- FDIC Certificate
- 32100
- FDIC FIN
- 2176
- Bank name
- GUARANTY FSA
- Location
- WARNER ROBINS, GA
- Failure date
- 1991-05-10
- FDIC resolution date
- 1992-03-13
- Charter type
- Savings bank
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $10M
- Deposits at failure
- $24M
- Assets at failure
- $26M
- Acquiring bank
- CROSSROADS BANK OF GA (PERRY, GA)