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Bank failure · MO

Gibraltar S&la (Maplewood, MO) — failed August 12, 1983

Gibraltar S&la of Maplewood, Missouri was closed on August 12, 1983 and resolved through a a/a. Roosevelt Fs&la (MO) took over its insured deposits. At failure it held $48.9M in assets and $43.7M in deposits. The FDIC's estimated loss on the failure is $2.0M (4.0% of assets).

Closing date
August 12, 1983
FDIC certificate #
30861
Resolution
A/A (assistance)
Acquiring institution
Roosevelt Fs&la
Insurance fund
FSLIC

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