Bank failure · MS
First Fs&la in New Albany (New Albany, MS) — failed January 27, 1989
First Fs&la in New Albany of New Albany, Mississippi was closed on January 27, 1989 and resolved through a insured deposit transfer. 0 (0) took over its insured deposits. At failure it held $20.8M in assets and $17.5M in deposits. The FDIC's estimated loss on the failure is $4.9M (23.6% of assets).
- Closing date
- January 27, 1989
- FDIC certificate #
- 31846
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- 0
- Insurance fund
- FSLIC
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