Bank failure · PR

Home Fs&la (Ponce, PR) — failed October 1, 1984

Home Fs&la of Ponce, Puerto Rico was closed on October 1, 1984 and resolved through a a/a. Caguas Fs&la of Puerto Rico (PR) took over its insured deposits. At failure it held $45.6M in assets and $23.7M in deposits. The FDIC's estimated loss on the failure is $1.7M (3.7% of assets).