# BOCA RATON FS&LA

> **Failed bank** · BOCA RATON, FL · failed 1981-12-09 · SL · FDIC cost $9M

## What happened

BOCA RATON FS&LA of BOCA RATON, FL was closed by state regulators on **1981-12-09**. The FDIC was named receiver.

**Resolution:** A/A

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


## Key facts

- **FDIC ID:** 620
- **FDIC Certificate:** 31519
- **FDIC FIN:** 1618
- **Bank name:** BOCA RATON FS&LA
- **Location:** BOCA RATON, FL
- **Failure date:** 1981-12-09
- **FDIC resolution date:** 1981-12-09
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $9M
- **Deposits at failure:** $236M
- **Assets at failure:** $276M
- **Acquiring bank:** CITY FS&LA (ELIZABETH, NJ)

## Other banks CITY FS&LA has acquired in FDIC resolutions

- FIRST S&LA OF NEW BRUNSWICK (NEW BRUNSWICK, NJ) — failed 1982-01-25 — /failed-bank/632
- MOHAWK S&LA (NEWARK, NJ) — failed 1981-12-09 — /failed-bank/619

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BOCA RATON FS&LA (FDIC ID 620), failed 1981-12-09. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/620.

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