TellerScore

Bank failure · OH

Dollar Savings Bank (Columbus, OH) — failed August 29, 1986

Dollar Savings Bank of Columbus, Ohio was closed on August 29, 1986 and resolved through a a/a. Transohio Savings Bank FSB (OH) took over its insured deposits. At failure it held $334.3M in assets and $314.7M in deposits. The FDIC's estimated loss on the failure is $33.1M (9.9% of assets).

Closing date
August 29, 1986
FDIC certificate #
28520
Resolution
A/A (assistance)
Acquiring institution
Transohio Savings Bank FSB
Insurance fund
FSLIC

Other failures in 1986

What happens when a bank fails