Bank failure · WV
Farmers Fs&la (Ravenswood, WV) — failed October 23, 1986
Farmers Fs&la of Ravenswood, West Virginia was closed on October 23, 1986 and resolved through a a/a. Poughkeepsie Sb FSB (NY) took over its insured deposits. At failure it held $131.3M in assets and $124.7M in deposits. The FDIC's estimated loss on the failure is $238K (0.2% of assets).
- Closing date
- October 23, 1986
- FDIC certificate #
- 27712
- Resolution
- A/A (assistance)
- Acquiring institution
- Poughkeepsie Sb FSB
- Insurance fund
- FSLIC
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- Lago Vista National Bank TX
- First Bank & Trust Co. TX
- Landmark National Bank CO
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- First Security S&la CO
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