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Bank failure · AR

Guaranty S&la (Harrison, AR) — failed December 6, 1985

Guaranty S&la of Harrison, Arkansas was closed on December 6, 1985 and resolved through a abt. Superior Federal Bank, FSB (AR) took over its insured deposits. At failure it held $451.4M in assets and $316.5M in deposits. The FDIC's estimated loss on the failure is $64.1M (14.2% of assets).

Closing date
December 6, 1985
FDIC certificate #
31321
Resolution
ABT (failure)
Acquiring institution
Superior Federal Bank, FSB
Insurance fund
FSLIC

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