MT. VERNON S&LA Failed 1983
What happened
MT. VERNON S&LA of ROSSLYN, VA was closed on 1983-08-05. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to FIRST FLORIDA FSB (GAINSVILLE, FL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 808
- FDIC Certificate
- 31885
- FDIC FIN
- 1648
- Bank name
- MT. VERNON S&LA
- Location
- ROSSLYN, VA
- Failure date
- 1983-08-05
- FDIC resolution date
- 1983-08-05
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $19M
- Deposits at failure
- $118M
- Assets at failure
- $118M
- Acquiring bank
- FIRST FLORIDA FSB (GAINSVILLE, FL)
Other banks FIRST FLORIDA FSB acquired in FDIC resolutions