Bank failure · FL

Broward Fs&la (Sunrise, FL) — failed December 31, 1988

Broward Fs&la of Sunrise, Florida was closed on December 31, 1988 and resolved through a a/a. California Fs&la-Broward (FL) took over its insured deposits. At failure it held $535.7M in assets and $494.3M in deposits. The FDIC's estimated loss on the failure is $221.3M (41.3% of assets).