# FIRST FLORIDA S&LA

> **Failed bank** · GAINESVILLE, FL · failed 1983-08-05 · SL · FDIC cost $8M

## What happened

FIRST FLORIDA S&LA of GAINESVILLE, FL was closed by state regulators 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
- **Estimated FDIC DIF cost:** $8M
- **Deposits at failure:** $71M
- **Assets at failure:** $81M
- **Acquiring bank:** METROPOLITAN SB (SALT LAKE CITY, UT)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST FLORIDA S&LA (FDIC ID 806), failed 1983-08-05. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/806.

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