FIRST FLORIDA S&LA Failed 1983

GAINESVILLE, FL · SL · view on FDIC BankFind ↗

What happened

FIRST FLORIDA S&LA of GAINESVILLE, FL was closed on 1983-08-05. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to METROPOLITAN SB (SALT LAKE CITY, UT). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
806
FDIC Certificate
28457
FDIC FIN
1648
Bank name
FIRST FLORIDA S&LA
Location
GAINESVILLE, FL
Failure date
1983-08-05
FDIC resolution date
1983-08-05
Charter type
SL
Resolution type
A/A
FDIC DIF cost (est.)
$8M
Deposits at failure
$71M
Assets at failure
$81M
Acquiring bank
METROPOLITAN SB (SALT LAKE CITY, UT)