# STANDARD FS & LA

> **Failed bank** · COLUMBIA, SC · failed 1991-08-02 · Savings bank · FDIC cost $3M

## What happened

STANDARD FS & LA of COLUMBIA, SC was closed by state regulators on **1991-08-02**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **NB OF SOUTH CAROLINA** (COLUMBIA, SC). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3153
- **FDIC Certificate:** 27618
- **FDIC FIN:** 1238
- **Bank name:** STANDARD FS & LA
- **Location:** COLUMBIA, SC
- **Failure date:** 1991-08-02
- **FDIC resolution date:** 1993-09-24
- **Charter type:** Savings bank
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $281M
- **Assets at failure:** $320M
- **Acquiring bank:** NB OF SOUTH CAROLINA (COLUMBIA, SC)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=STANDARD%20FS%20%26%20LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, STANDARD FS & LA (FDIC ID 3153), failed 1991-08-02. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3153.

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