# SECURITY OF STATESVILLE

> **Failed bank** · STATESVILLE, NC · failed 1981-02-09 · SL

## What happened

SECURITY OF STATESVILLE of STATESVILLE, NC was closed by state regulators on **1981-02-09**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **ASHEVILLE FS&LA** (ASHEVILLE, NC). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 587
- **FDIC Certificate:** 31721
- **FDIC FIN:** 0
- **Bank name:** SECURITY OF STATESVILLE
- **Location:** STATESVILLE, NC
- **Failure date:** 1981-02-09
- **FDIC resolution date:** 1981-02-09
- **Charter type:** SL
- **Resolution type:** A/A
- **Deposits at failure:** $13M
- **Assets at failure:** $16M
- **Acquiring bank:** ASHEVILLE FS&LA (ASHEVILLE, NC)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=SECURITY%20OF%20STATESVILLE

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SECURITY OF STATESVILLE (FDIC ID 587), failed 1981-02-09. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/587.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*