# FIRST AMERICAN FSB

> **Failed bank** · GREENSBORO, NC · failed 1992-06-05 · Savings bank · FDIC cost $35M

## What happened

FIRST AMERICAN FSB of GREENSBORO, NC 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 **CENTURA BANK** (ROCKY MOUNT, NC). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3336
- **FDIC Certificate:** 29595
- **FDIC FIN:** 1239
- **Bank name:** FIRST AMERICAN FSB
- **Location:** GREENSBORO, NC
- **Failure date:** 1992-06-05
- **FDIC resolution date:** 1993-10-08
- **Charter type:** Savings bank
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $35M
- **Deposits at failure:** $639M
- **Assets at failure:** $804M
- **Acquiring bank:** CENTURA BANK (ROCKY MOUNT, NC)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20AMERICAN%20FSB

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST AMERICAN FSB (FDIC ID 3336), failed 1992-06-05. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3336.

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