Bank failure · FL

First Fs&la of Broward County (Ft. Lauderdale, FL) — failed November 19, 1981

First Fs&la of Broward County of Ft. Lauderdale, Florida was closed on November 19, 1981 and resolved through a a/a. Glendale Fs&la (CA) took over its insured deposits. At failure it held $2.6B in assets and $1.9B in deposits. The FDIC's estimated loss on the failure is −$253K (-0.0% of assets).