FIRST FS&LA OF BROWARD COUNTY Failed 1981

What happened

FIRST FS&LA OF BROWARD COUNTY of FT. LAUDERDALE, FL was closed on 1981-11-19. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to GLENDALE FS&LA (GLENDALE, CA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID

612

FDIC Certificate

28967

FDIC FIN

1616

Bank name

FIRST FS&LA OF BROWARD COUNTY

Location

FT. LAUDERDALE, FL

Failure date

1981-11-19

FDIC resolution date

1981-11-19

Charter type

SL

Resolution type

A/A

FDIC DIF cost (est.)

$-0M

Deposits at failure

$1,935M

Assets at failure

$2,552M

Acquiring bank

GLENDALE FS&LA (GLENDALE, CA)