# FIRST FS&LA OF PITTSTON

> **Failed bank** · PITTSTON, PA · failed 1982-07-16 · SL · FDIC cost $7M

## What happened

FIRST FS&LA OF PITTSTON of PITTSTON, PA was closed by state regulators on **1982-07-16**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **FRANKLIN FIRST FS&LA** (WILKES-BARRE, PA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 677
- **FDIC Certificate:** 29452
- **FDIC FIN:** 0
- **Bank name:** FIRST FS&LA OF PITTSTON
- **Location:** PITTSTON, PA
- **Failure date:** 1982-07-16
- **FDIC resolution date:** 1982-07-16
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $7M
- **Deposits at failure:** $43M
- **Assets at failure:** $46M
- **Acquiring bank:** FRANKLIN FIRST FS&LA (WILKES-BARRE, PA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST FS&LA OF PITTSTON (FDIC ID 677), failed 1982-07-16. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/677.

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