Bank failure · FL
Liberty Federal Savings (New Port Richey, FL) — failed March 16, 1989
Liberty Federal Savings of New Port Richey, Florida was closed on March 16, 1989 and resolved through a insured deposit transfer. Citizens & Southern Nb Fl (FL) took over its insured deposits. At failure it held $60.1M in assets and $91.1M in deposits. The FDIC's estimated loss on the failure is $35.3M (58.7% of assets).
- Closing date
- March 16, 1989
- FDIC certificate #
- 32540
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Citizens & Southern Nb Fl
- Insurance fund
- RTC
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