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Bank failure · MO

First Exchange Bank North St. Louis (Florissant, MO) — failed May 7, 1992

First Exchange Bank North St. Louis of Florissant, Missouri was closed on May 7, 1992 and resolved through a purchase and assumption (insured deposits). First Bank a Savings Ban (MO) took over its insured deposits. At failure it held $45.9M in assets and $47.0M in deposits.

Closing date
May 7, 1992
FDIC certificate #
32742
Resolution
Purchase and assumption (insured deposits) (failure)
Acquiring institution
First Bank a Savings Ban
Insurance fund
BIF

Other failures in 1992

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