Bank failure · AR
Grand Prairie Fs & LA (Stuttgart, AR) — failed January 26, 1990
Grand Prairie Fs & LA of Stuttgart, Arkansas was closed on January 26, 1990 and resolved through a payout (deposit payoff). Payout (NA) took over its insured deposits. At failure it held $31.5M in assets and $24.8M in deposits. The FDIC's estimated loss on the failure is $14.2M (45.0% of assets).
- Closing date
- January 26, 1990
- FDIC certificate #
- 31991
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- Payout
- Insurance fund
- RTC
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