# COOPER RIVER, FSA

> **Failed bank** · NORTH CHARLESTON, SC · failed 1992-06-05 · Savings bank · FDIC cost $11M

## What happened

COOPER RIVER, FSA of NORTH CHARLESTON, SC was closed by state regulators on **1992-06-05**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST CITIZENS B&TC OF SC** (COLUMBIA, SC). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3335
- **FDIC Certificate:** 28847
- **FDIC FIN:** 1282
- **Bank name:** COOPER RIVER, FSA
- **Location:** NORTH CHARLESTON, SC
- **Failure date:** 1992-06-05
- **FDIC resolution date:** 1994-06-03
- **Charter type:** Savings bank
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $11M
- **Deposits at failure:** $201M
- **Assets at failure:** $229M
- **Acquiring bank:** FIRST CITIZENS B&TC OF SC (COLUMBIA, SC)

## Other banks FIRST CITIZENS B&TC OF SC has acquired in FDIC resolutions

- SEABANK FED. SAVINGS BANK (MYRTLE BEACH, SC) — failed 1989-04-27 — /failed-bank/2365

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=COOPER%20RIVER%2C%20FSA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, COOPER RIVER, FSA (FDIC ID 3335), failed 1992-06-05. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3335.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*