Bank failure · OH
Equitable FSB (Lancaster, OH) — failed July 9, 1986
Equitable FSB of Lancaster, Ohio was closed on July 9, 1986 and resolved through a a/a. Citizens Fs&la (FL) took over its insured deposits. At failure it held $691.5M in assets and $645.7M in deposits. The FDIC's estimated loss on the failure is $152.3M (22.0% of assets).
- Closing date
- July 9, 1986
- FDIC certificate #
- 28681
- Resolution
- A/A (assistance)
- Acquiring institution
- Citizens Fs&la
- Insurance fund
- FSLIC
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