Bank failure · IN
Gary Fs&la (Gary, IN) — failed August 31, 1983
Gary Fs&la of Gary, Indiana was closed on August 31, 1983 and resolved through a a/a. Citizens Fs&la (IN) took over its insured deposits. At failure it held $15.2M in assets and $15.7M in deposits. The FDIC's estimated loss on the failure is $1.1M (7.0% of assets).
- Closing date
- August 31, 1983
- FDIC certificate #
- 29651
- Resolution
- A/A (assistance)
- Acquiring institution
- Citizens Fs&la
- Insurance fund
- FSLIC
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- Bohemian S&la MO
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