Bank failure · AK
Frontier S&la (Fairbanks, AK) — failed June 12, 1987
Frontier S&la of Fairbanks, Alaska was closed on June 12, 1987 and resolved through a insured deposit transfer. 0 (0) took over its insured deposits. At failure it held $7.4M in assets and $8.0M in deposits. The FDIC's estimated loss on the failure is $2.4M (31.9% of assets).
- Closing date
- June 12, 1987
- FDIC certificate #
- 32130
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- 0
- Insurance fund
- FSLIC
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