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Bank failure · MO

Mid Missouri S & L Assoc. (Boonville, MO) — failed June 29, 1989

Mid Missouri S & L Assoc. of Boonville, Missouri was closed on June 29, 1989 and resolved through a insured deposit transfer. United S&la (MO) took over its insured deposits. At failure it held $76.7M in assets and $67.6M in deposits. The FDIC's estimated loss on the failure is $16.6M (21.7% of assets).

Closing date
June 29, 1989
FDIC certificate #
31019
Resolution
Insured deposit transfer (failure)
Acquiring institution
United S&la
Insurance fund
RTC

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