Bank failure · WV
Lewis County Savings and Loan Co (Weston, WV) — failed May 12, 1989
Lewis County Savings and Loan Co of Weston, West Virginia was closed on May 12, 1989 and resolved through a purchase and assumption. Community Bank & Trust, Nat (WV) took over its insured deposits. At failure it held $4.0M in assets and $3.9M in deposits. The FDIC's estimated loss on the failure is $405K (10.2% of assets).
- Closing date
- May 12, 1989
- FDIC certificate #
- 26636
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Community Bank & Trust, Nat
- Insurance fund
- FDIC
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