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Bank failure · TN

Knox Fs&la (Knoxville, TN) — failed November 16, 1984

Knox Fs&la of Knoxville, Tennessee was closed on November 16, 1984 and resolved through a a/a. Charter Fs&la (VA) took over its insured deposits. At failure it held $154.7M in assets and $141.6M in deposits. The FDIC's estimated loss on the failure is $30.4M (19.7% of assets).

Closing date
November 16, 1984
FDIC certificate #
30848
Resolution
A/A (assistance)
Acquiring institution
Charter Fs&la
Insurance fund
FSLIC

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