Bank failure · NE
Equitable Federal Savings Bank (Fremont, NE) — failed February 17, 1989
Equitable Federal Savings Bank of Fremont, Nebraska was closed on February 17, 1989 and resolved through a purchase and assumption. Firstier Bank, NA, Omaha (NE) took over its insured deposits. At failure it held $225.2M in assets and $205.4M in deposits. The FDIC's estimated loss on the failure is $28.6M (12.7% of assets).
- Closing date
- February 17, 1989
- FDIC certificate #
- 29936
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Firstier Bank, NA, Omaha
- Insurance fund
- RTC
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