Bank failure · VA
Middle Pnsla Nrth. Neck Fs&la (Gloucester, VA) — failed August 5, 1983
Middle Pnsla Nrth. Neck Fs&la of Gloucester, Virginia was closed on August 5, 1983 and resolved through a a/a. First Florida FSB (FL) took over its insured deposits. At failure it held $44.7M in assets and $41.9M in deposits. The FDIC's estimated loss on the failure is $4.3M (9.6% of assets).
- Closing date
- August 5, 1983
- FDIC certificate #
- 31603
- Resolution
- A/A (assistance)
- Acquiring institution
- First Florida FSB
- Insurance fund
- FSLIC
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