# UNIVERSITY FS&LA

> **Failed bank** · CORAL GABLES, FL · failed 1980-08-01 · SL · FDIC cost $1M

## What happened

UNIVERSITY FS&LA of CORAL GABLES, FL was closed by state regulators 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
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $176M
- **Assets at failure:** $235M
- **Acquiring bank:** FLORIDA FS&LA (ST. PETERSBURG, FL)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=UNIVERSITY%20FS%26LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, UNIVERSITY FS&LA (FDIC ID 576), failed 1980-08-01. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/576.

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