Bank failure · AL
First Fs&la of Monroeville (Monroeville, AL) — failed December 30, 1983
First Fs&la of Monroeville of Monroeville, Alabama was closed on December 30, 1983 and resolved through a a/a. Jefferson Fs&la (AL) took over its insured deposits. At failure it held $29.8M in assets and $29.8M in deposits. The FDIC's estimated loss on the failure is $2.5M (8.4% of assets).
- Closing date
- December 30, 1983
- FDIC certificate #
- 31558
- Resolution
- A/A (assistance)
- Acquiring institution
- Jefferson Fs&la
- Insurance fund
- FSLIC
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