Bank failure · OH
Mid-America Fs & LA (Columbus, OH) — failed December 15, 1990
Mid-America Fs & LA of Columbus, Ohio was closed on December 15, 1990 and resolved through a purchase and assumption. Nbd Bank (OH) took over its insured deposits. At failure it held $1.2B in assets and $894.3M in deposits. The FDIC's estimated loss on the failure is $71K (0.0% of assets).
- Closing date
- December 15, 1990
- FDIC certificate #
- 28783
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Nbd Bank
- Insurance fund
- RTC
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