AMERICAN FS&LA Failed 1983
What happened
AMERICAN FS&LA of FORT WAYNE, IN was closed on 1983-11-14. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to STANDARD FS&LA (TROY, MI). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 833
- FDIC Certificate
- 31275
- FDIC FIN
- 0
- Bank name
- AMERICAN FS&LA
- Location
- FORT WAYNE, IN
- Failure date
- 1983-11-14
- FDIC resolution date
- 1983-11-14
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $3M
- Deposits at failure
- $46M
- Assets at failure
- $55M
- Acquiring bank
- STANDARD FS&LA (TROY, MI)
Other banks STANDARD FS&LA acquired in FDIC resolutions