Bank failure · MI
Guaranty Fs&la (Taylor, MI) — failed July 22, 1983
Guaranty Fs&la of Taylor, Michigan was closed on July 22, 1983 and resolved through a a/a. Guaranty Fs&la (MI) took over its insured deposits. At failure it held $143.4M in assets and $133.5M in deposits. The FDIC's estimated loss on the failure is $1.0M (0.7% of assets).
- Closing date
- July 22, 1983
- FDIC certificate #
- 30484
- Resolution
- A/A (assistance)
- Acquiring institution
- Guaranty Fs&la
- Insurance fund
- FSLIC
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