AMERICAN S&LA Failed 1984

BILOXI, MS · SL · view on FDIC BankFind ↗

What happened

AMERICAN S&LA of BILOXI, MS was closed on 1984-04-03. The FDIC was named receiver.

Resolution: Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
861
FDIC Certificate
31836
FDIC FIN
0
Bank name
AMERICAN S&LA
Location
BILOXI, MS
Failure date
1984-04-03
FDIC resolution date
1984-04-03
Charter type
SL
Resolution type
Insured Deposit Transfer — insured deposits transferred to another bank
FDIC DIF cost (est.)
$10M
Deposits at failure
$16M
Assets at failure
$9M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions