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Bank failure · OH

Crestline Fs & LA (Crestline, OH) — failed November 20, 1992

Crestline Fs & LA of Crestline, Ohio was closed on November 20, 1992 and resolved through a purchase and assumption. Premier B&t (OH) took over its insured deposits. At failure it held $27.5M in assets and $26.8M in deposits. The FDIC's estimated loss on the failure is $6.9M (25.3% of assets).

Closing date
November 20, 1992
FDIC certificate #
29768
Resolution
Purchase and assumption (failure)
Acquiring institution
Premier B&t
Insurance fund
RTC

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