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Bank failure · IN

American Fs&la (Fort Wayne, IN) — failed November 14, 1983

American Fs&la of Fort Wayne, Indiana was closed on November 14, 1983 and resolved through a a/a. Standard Fs&la (MI) took over its insured deposits. At failure it held $55.4M in assets and $46.4M in deposits. The FDIC's estimated loss on the failure is $3.4M (6.1% of assets).

Closing date
November 14, 1983
FDIC certificate #
31275
Resolution
A/A (assistance)
Acquiring institution
Standard Fs&la
Insurance fund
FSLIC

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