JACKSONVILLE FSA Failed 1992
What happened
JACKSONVILLE FSA of JACKSONVILLE, FL was closed on 1992-06-26. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FIRST UNION NB OF FL (JACKSONVILLE, FL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3353
- FDIC Certificate
- 30285
- FDIC FIN
- 1262
- Bank name
- JACKSONVILLE FSA
- Location
- JACKSONVILLE, FL
- Failure date
- 1992-06-26
- FDIC resolution date
- 1994-04-08
- Charter type
- Savings bank
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $25M
- Deposits at failure
- $148M
- Assets at failure
- $151M
- Acquiring bank
- FIRST UNION NB OF FL (JACKSONVILLE, FL)
Other banks FIRST UNION NB OF FL acquired in FDIC resolutions