Bank failure · FL

Bank of Lake Helen (Lake Helen, FL) — failed January 11, 1980

Bank of Lake Helen of Lake Helen, Florida was closed on January 11, 1980 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $3.0M in assets and $4.3M in deposits. The FDIC's estimated loss on the failure is $88K (2.9% of assets).