HANSEN FSB Failed 1992
What happened
HANSEN FSB of PALM BEACH GARDEN, FL was closed on 1992-01-10. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FIDELITY FSB OF FL (WEST PALM BEACH, FL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3256
- FDIC Certificate
- 32258
- FDIC FIN
- 1294
- Bank name
- HANSEN FSB
- Location
- PALM BEACH GARDEN, FL
- Failure date
- 1992-01-10
- FDIC resolution date
- 1994-07-22
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $11M
- Deposits at failure
- $43M
- Assets at failure
- $52M
- Acquiring bank
- FIDELITY FSB OF FL (WEST PALM BEACH, FL)
Other banks FIDELITY FSB OF FL acquired in FDIC resolutions
- BAY FSB (WEST PALM BEACH, FL) — failed 1991-09-06