Bank failure · FL
Duval Federal Savings Assn. (Jacksonville, FL) — failed January 18, 1990
Duval Federal Savings Assn. of Jacksonville, Florida was closed on January 18, 1990 and resolved through a insured deposit transfer. Branch Sale (NA) took over its insured deposits. At failure it held $1.0B in assets and $861.6M in deposits. The FDIC's estimated loss on the failure is $132.2M (13.0% of assets).
- Closing date
- January 18, 1990
- FDIC certificate #
- 30677
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Branch Sale
- Insurance fund
- RTC
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