Bank failure · GA

Guaranty Fsa (Warner Robins, GA) — failed May 10, 1991

Guaranty Fsa of Warner Robins, Georgia was closed on May 10, 1991 and resolved through a purchase and assumption. Crossroads Bank of Ga (GA) took over its insured deposits. At failure it held $25.6M in assets and $23.6M in deposits. The FDIC's estimated loss on the failure is $9.8M (38.1% of assets).