# MT. VERNON S&LA

> **Failed bank** · ROSSLYN, VA · failed 1983-08-05 · SL · FDIC cost $19M

## What happened

MT. VERNON S&LA of ROSSLYN, VA was closed by state regulators 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
- **Estimated FDIC DIF cost:** $19M
- **Deposits at failure:** $118M
- **Assets at failure:** $118M
- **Acquiring bank:** FIRST FLORIDA FSB (GAINSVILLE, FL)

## Other banks FIRST FLORIDA FSB has acquired in FDIC resolutions

- MIDDLE PNSLA NRTH. NECK FS&LA (GLOUCESTER, VA) — failed 1983-08-05 — /failed-bank/807

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MT. VERNON S&LA (FDIC ID 808), failed 1983-08-05. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/808.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*
