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Bank failure · IN

American Fs&la (Anderson, IN) — failed April 29, 1988

American Fs&la of Anderson, Indiana was closed on April 29, 1988 and resolved through a insured deposit transfer. 0 (0) took over its insured deposits. At failure it held $145.8M in assets and $194.5M in deposits. The FDIC's estimated loss on the failure is $41.5M (28.5% of assets).

Closing date
April 29, 1988
FDIC certificate #
27844
Resolution
Insured deposit transfer (failure)
Acquiring institution
0
Insurance fund
FSLIC

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