Bank failure · MO
Northwestern S&la (Normandy, MO) — failed April 11, 1983
Northwestern S&la of Normandy, Missouri was closed on April 11, 1983 and resolved through a a/a. Roosevelt Fs&la (MO) took over its insured deposits. At failure it held $82.5M in assets and $69.3M in deposits. The FDIC's estimated loss on the failure is $11.9M (14.4% of assets).
- Closing date
- April 11, 1983
- FDIC certificate #
- 30354
- Resolution
- A/A (assistance)
- Acquiring institution
- Roosevelt Fs&la
- Insurance fund
- FSLIC
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