Bank failure · KY
Lincoln Fs&la (Louisville, KY) — failed December 31, 1986
Lincoln Fs&la of Louisville, Kentucky was closed on December 31, 1986 and resolved through a a/a. First Nationwide Svg Fs&la (CA) took over its insured deposits. At failure it held $460.8M in assets and $478.3M in deposits. The FDIC's estimated loss on the failure is $93.0M (20.2% of assets).
- Closing date
- December 31, 1986
- FDIC certificate #
- 27865
- Resolution
- A/A (assistance)
- Acquiring institution
- First Nationwide Svg Fs&la
- Insurance fund
- FSLIC
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