Bank failure · NE
Midwest Fed. S & L Assoc. (Nebraska City, NE) — failed February 17, 1989
Midwest Fed. S & L Assoc. of Nebraska City, Nebraska was closed on February 17, 1989 and resolved through a insured deposit transfer. American Nb (NE) took over its insured deposits. At failure it held $139.1M in assets and $119.7M in deposits. The FDIC's estimated loss on the failure is $32.0M (23.0% of assets).
- Closing date
- February 17, 1989
- FDIC certificate #
- 29149
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- American Nb
- Insurance fund
- RTC
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