Bank failure · FL

Boca Raton Fs&la (Boca Raton, FL) — failed December 9, 1981

Boca Raton Fs&la of Boca Raton, Florida was closed on December 9, 1981 and resolved through a a/a. City Fs&la (NJ) took over its insured deposits. At failure it held $275.8M in assets and $236.2M in deposits. The FDIC's estimated loss on the failure is $8.8M (3.2% of assets).