CONTINENTAL FS&LA Failed 1984
What happened
CONTINENTAL FS&LA of CLEVELAND, OH was closed on 1984-09-21. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to DOLLAR SAVINGS BANK, PA (PITTSBURG, PA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 920
- FDIC Certificate
- 27781
- FDIC FIN
- 1661
- Bank name
- CONTINENTAL FS&LA
- Location
- CLEVELAND, OH
- Failure date
- 1984-09-21
- FDIC resolution date
- 1984-09-21
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $81M
- Deposits at failure
- $838M
- Assets at failure
- $1,040M
- Acquiring bank
- DOLLAR SAVINGS BANK, PA (PITTSBURG, PA)