Bank failure · GA

Peachtree Fs&la (Atlanta, GA) — failed December 20, 1982

Peachtree Fs&la of Atlanta, Georgia was closed on December 20, 1982 and resolved through a a/a. Anchor Savings Bank FSB (NY) took over its insured deposits. At failure it held $105.0M in assets and $77.1M in deposits. The FDIC's estimated loss on the failure is $131K (0.1% of assets).