FIRST FS&LA OF MONROEVILLE Failed 1983

What happened

FIRST FS&LA OF MONROEVILLE of MONROEVILLE, AL was closed on 1983-12-30. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to JEFFERSON FS&LA (BIRMINGHAM, AL). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID

842

FDIC Certificate

31558

FDIC FIN

0

Bank name

FIRST FS&LA OF MONROEVILLE

Location

MONROEVILLE, AL

Failure date

1983-12-30

FDIC resolution date

1983-12-30

Charter type

SL

Resolution type

A/A

FDIC DIF cost (est.)

$3M

Deposits at failure

$30M

Assets at failure

$30M

Acquiring bank

JEFFERSON FS&LA (BIRMINGHAM, AL)