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Bank failure · MO

Boonslick S & LA (Boonville, MO) — failed November 2, 1990

Boonslick S & LA of Boonville, Missouri was closed on November 2, 1990 and resolved through a purchase and assumption. Branch Sale (NA) took over its insured deposits. At failure it held $70.2M in assets and $70.1M in deposits. The FDIC's estimated loss on the failure is $2.9M (4.1% of assets).

Closing date
November 2, 1990
FDIC certificate #
30984
Resolution
Purchase and assumption (failure)
Acquiring institution
Branch Sale
Insurance fund
RTC

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