Bank failure · GA

First Fs&la of Crisp County (Cordele, GA) — failed December 20, 1982

First Fs&la of Crisp County of Cordele, Georgia was closed on December 20, 1982 and resolved through a a/a. Anchor Savings Bank FSB (NY) took over its insured deposits. At failure it held $44.6M in assets and $44.2M in deposits. The FDIC's estimated loss on the failure is $36K (0.1% of assets).