GUARANTY S&LA Failed 1983
What happened
GUARANTY S&LA of PITTSBURGH, PA was closed on 1983-04-28. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to HORIZON FINANCIAL FA (SOUTHAMPTON, PA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 774
- FDIC Certificate
- 27784
- FDIC FIN
- 1641
- Bank name
- GUARANTY S&LA
- Location
- PITTSBURGH, PA
- Failure date
- 1983-04-28
- FDIC resolution date
- 1983-04-28
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $11M
- Deposits at failure
- $135M
- Assets at failure
- $183M
- Acquiring bank
- HORIZON FINANCIAL FA (SOUTHAMPTON, PA)
Other banks HORIZON FINANCIAL FA acquired in FDIC resolutions