Bank failure · HI

First S&la (Honolulu, HI) — failed February 1, 1980

First S&la of Honolulu, Hawaii was closed on February 1, 1980 and resolved through a a/a. First Fs&la of America (HI) took over its insured deposits. At failure it held $33.2M in assets and $26.1M in deposits. The FDIC's estimated loss on the failure is $127K (0.4% of assets).