MUTUAL FS&LA OF MASON CITY Failed 1983
What happened
MUTUAL FS&LA OF MASON CITY of MASON CITY, IA was closed on 1983-07-01. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to AMERICAN FS&LA (DES MOINES, IA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 795
- FDIC Certificate
- 27620
- FDIC FIN
- 0
- Bank name
- MUTUAL FS&LA OF MASON CITY
- Location
- MASON CITY, IA
- Failure date
- 1983-07-01
- FDIC resolution date
- 1983-07-01
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $7M
- Deposits at failure
- $104M
- Assets at failure
- $119M
- Acquiring bank
- AMERICAN FS&LA (DES MOINES, IA)