CRESTLINE FS & LA Failed 1992
What happened
CRESTLINE FS & LA of CRESTLINE, OH was closed on 1992-11-20. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to PREMIER B&T (ELYRIA, OH). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3418
- FDIC Certificate
- 29768
- FDIC FIN
- 1225
- Bank name
- CRESTLINE FS & LA
- Location
- CRESTLINE, OH
- Failure date
- 1992-11-20
- FDIC resolution date
- 1993-07-30
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $7M
- Deposits at failure
- $27M
- Assets at failure
- $27M
- Acquiring bank
- PREMIER B&T (ELYRIA, OH)