Bank failure · AR

Central Arkansas S&la (Conway, AR) — failed December 9, 1988

Central Arkansas S&la of Conway, Arkansas was closed on December 9, 1988 and resolved through a insured deposit transfer. 0 (0) took over its insured deposits. At failure it held $10.1M in assets and $12.5M in deposits. The FDIC's estimated loss on the failure is $2.2M (21.4% of assets).