Bank failure · OH
Pioneer Fs & LA (Marietta, OH) — failed June 29, 1990
Pioneer Fs & LA of Marietta, Ohio was closed on June 29, 1990 and resolved through a payout (deposit payoff). Payout (NA) took over its insured deposits. At failure it held $9.5M in assets and $9.1M in deposits. The FDIC's estimated loss on the failure is $1.0M (10.8% of assets).
- Closing date
- June 29, 1990
- FDIC certificate #
- 28044
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- Payout
- Insurance fund
- RTC
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