Bank failure · OH
Major Federal S&la (Cincinnati, OH) — failed July 25, 1986
Major Federal S&la of Cincinnati, Ohio was closed on July 25, 1986 and resolved through a abt. Charter Oak FSB (OH) took over its insured deposits. At failure it held $25.0M in assets and $21.4M in deposits. The FDIC's estimated loss on the failure is $8.8M (35.3% of assets).
- Closing date
- July 25, 1986
- FDIC certificate #
- 30768
- Resolution
- ABT (failure)
- Acquiring institution
- Charter Oak FSB
- Insurance fund
- FSLIC
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- First Bank & Trust Co. TX
- Landmark National Bank CO
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