COMMUNITY FS&LA Failed 1981
What happened
COMMUNITY FS&LA of WASHINGTON, DC was closed on 1981-06-21. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to INDEPENDENCE FS&LA (WASHINGTON, DC). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 597
- FDIC Certificate
- 31705
- FDIC FIN
- 1610
- Bank name
- COMMUNITY FS&LA
- Location
- WASHINGTON, DC
- Failure date
- 1981-06-21
- FDIC resolution date
- 1981-06-21
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $3M
- Deposits at failure
- $21M
- Assets at failure
- $23M
- Acquiring bank
- INDEPENDENCE FS&LA (WASHINGTON, DC)