TellerScore

Bank failure · FL

1st of Delray Beach S&la (Delray Beach, FL) — failed October 1, 1982

1st of Delray Beach S&la of Delray Beach, Florida was closed on October 1, 1982 and resolved through a a/a. Carteret Savings Bank Fa (NJ) took over its insured deposits. At failure it held $843.0M in assets and $675.2M in deposits.

Closing date
October 1, 1982
FDIC certificate #
30472
Resolution
A/A (assistance)
Acquiring institution
Carteret Savings Bank Fa
Insurance fund
FSLIC

Other failures in 1982

What happens when a bank fails