# SOUTHERN FS&LA OF BROWARD COUNTY

> **Failed bank** · POMPANO BEACH, FL · failed 1981-12-17 · SL · FDIC cost $5M

## What happened

SOUTHERN FS&LA OF BROWARD COUNTY of POMPANO BEACH, FL was closed by state regulators 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
- **Estimated FDIC DIF cost:** $5M
- **Deposits at failure:** $496M
- **Assets at failure:** $615M
- **Acquiring bank:** HOME SA OF AMERICA (LOS ANGELES, CA)

## Other banks HOME SA OF AMERICA has acquired in FDIC resolutions

- EL CENTRO FS&LA (DALLAS, TX) — failed 1982-01-15 — /failed-bank/631
- CIVIC S&LA (IRVING, TX) — failed 1982-01-15 — /failed-bank/630
- BUFFALO S&LA (HOUSTON, TX) — failed 1982-01-15 — /failed-bank/629
- HYDE PARK FS&LA (CHICAGO, IL) — failed 1982-01-15 — /failed-bank/628
- ROYAL FS&LA (DALLAS, TX) — failed 1982-01-15 — /failed-bank/627
- REPUBLIC OF TEXAS SA (HOUSTON, TX) — failed 1982-01-15 — /failed-bank/626
- SECURITY FS&LA OF SIKESTON (SIKESTON, MO) — failed 1981-12-17 — /failed-bank/622
- HAMILTONIAN FS&LA (LADUE, MO) — failed 1981-12-17 — /failed-bank/621

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SOUTHERN FS&LA OF BROWARD COUNTY (FDIC ID 623), failed 1981-12-17. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/623.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*