# FIRST FEDERAL OF TITUSVILLE

> **Failed bank** · TITUSVILLE, FL · failed 1985-05-02 · SL · FDIC cost $7M

## What happened

FIRST FEDERAL OF TITUSVILLE of TITUSVILLE, FL was closed by state regulators on **1985-05-02**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **FIRST FS&LA OF WINTER HAVEN** (WINTER HAVEN, FL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 987
- **FDIC Certificate:** 30934
- **FDIC FIN:** 1666
- **Bank name:** FIRST FEDERAL OF TITUSVILLE
- **Location:** TITUSVILLE, FL
- **Failure date:** 1985-05-02
- **FDIC resolution date:** 1985-05-02
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $7M
- **Deposits at failure:** $158M
- **Assets at failure:** $163M
- **Acquiring bank:** FIRST FS&LA OF WINTER HAVEN (WINTER HAVEN, FL)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20FEDERAL%20OF%20TITUSVILLE

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST FEDERAL OF TITUSVILLE (FDIC ID 987), failed 1985-05-02. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/987.

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