PERPETUAL S&LA Failed 1981
What happened
PERPETUAL S&LA of RAPID CITY, SD was closed on 1981-09-15. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to FIRST FS&LA OF RAPID CITY (RAPID CITY, SD). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 605
- FDIC Certificate
- 31506
- FDIC FIN
- 0
- Bank name
- PERPETUAL S&LA
- Location
- RAPID CITY, SD
- Failure date
- 1981-09-15
- FDIC resolution date
- 1981-09-15
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $9M
- Deposits at failure
- $39M
- Assets at failure
- $50M
- Acquiring bank
- FIRST FS&LA OF RAPID CITY (RAPID CITY, SD)