Bank failure · MO
Community Fs & LA (St. Louis, MO) — failed December 14, 1990
Community Fs & LA of St. Louis, Missouri was closed on December 14, 1990 and resolved through a purchase and assumption. Boatmen'S Bancshares, Inc. (MO) took over its insured deposits. At failure it held $2.0B in assets and $2.3B in deposits. The FDIC's estimated loss on the failure is $305.9M (15.5% of assets).
- Closing date
- December 14, 1990
- FDIC certificate #
- 28809
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Boatmen'S Bancshares, Inc.
- Insurance fund
- RTC
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- Comfed Savings Bank MA
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