Bank failure · GA

Moultrie Savings Bank FSB (Moultrie, GA) — failed June 15, 1990

Moultrie Savings Bank FSB of Moultrie, Georgia was closed on June 15, 1990 and resolved through a purchase and assumption. Moultrie Nb (GA) took over its insured deposits. At failure it held $65.8M in assets and $52.7M in deposits. The FDIC's estimated loss on the failure is $2.5M (3.7% of assets).