Bank failure · AZ

First Arizona Savings, a FSB (Scottsdale, AZ) — failed October 22, 2010

First Arizona Savings, a FSB of Scottsdale, Arizona was closed on October 22, 2010 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $255.9M in assets and $190.6M in deposits. The FDIC's estimated loss on the failure is $26.8M (10.5% of assets).