SOUTHERN FS&LA OF BROWARD COUNTY Failed 1981

What happened

SOUTHERN FS&LA OF BROWARD COUNTY of POMPANO BEACH, FL was closed on 1981-12-17. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to HOME SA OF AMERICA (LOS ANGELES, CA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID

623

FDIC Certificate

31200

FDIC FIN

1619

Bank name

SOUTHERN FS&LA OF BROWARD COUNTY

Location

POMPANO BEACH, FL

Failure date

1981-12-17

FDIC resolution date

1981-12-17

Charter type

SL

Resolution type

A/A

FDIC DIF cost (est.)

$5M

Deposits at failure

$496M

Assets at failure

$615M

Acquiring bank

HOME SA OF AMERICA (LOS ANGELES, CA)

Other banks HOME SA OF AMERICA acquired in FDIC resolutions

• EL CENTRO FS&LA (DALLAS, TX) — failed 1982-01-15
• CIVIC S&LA (IRVING, TX) — failed 1982-01-15
• BUFFALO S&LA (HOUSTON, TX) — failed 1982-01-15
• HYDE PARK FS&LA (CHICAGO, IL) — failed 1982-01-15
• ROYAL FS&LA (DALLAS, TX) — failed 1982-01-15
• REPUBLIC OF TEXAS SA (HOUSTON, TX) — failed 1982-01-15
• SECURITY FS&LA OF SIKESTON (SIKESTON, MO) — failed 1981-12-17
• HAMILTONIAN FS&LA (LADUE, MO) — failed 1981-12-17