Bank failure · NV
Sierra S&la (Gardnerville, NV) — failed October 23, 1987
Sierra S&la of Gardnerville, Nevada was closed on October 23, 1987 and resolved through a insured deposit transfer. 0 (0) took over its insured deposits. At failure it held $12.1M in assets and $12.8M in deposits. The FDIC's estimated loss on the failure is $564K (4.7% of assets).
- Closing date
- October 23, 1987
- FDIC certificate #
- 31962
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- 0
- Insurance fund
- FSLIC
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