Bank failure · OH

Continental Fs&la (Cleveland, OH) — failed September 21, 1984

Continental Fs&la of Cleveland, Ohio was closed on September 21, 1984 and resolved through a a/a. Dollar Savings Bank, Pa (PA) took over its insured deposits. At failure it held $1.0B in assets and $837.7M in deposits. The FDIC's estimated loss on the failure is $80.8M (7.8% of assets).