UNIVERSITY FS&LA Failed 1980
What happened
UNIVERSITY FS&LA of CORAL GABLES, FL was closed on 1980-08-01. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to FLORIDA FS&LA (ST. PETERSBURG, FL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 576
- FDIC Certificate
- 31014
- FDIC FIN
- 0
- Bank name
- UNIVERSITY FS&LA
- Location
- CORAL GABLES, FL
- Failure date
- 1980-08-01
- FDIC resolution date
- 1980-08-01
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $1M
- Deposits at failure
- $176M
- Assets at failure
- $235M
- Acquiring bank
- FLORIDA FS&LA (ST. PETERSBURG, FL)