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Bank failure · IN

South Bend Fs&la (South Bend, IN) — failed November 14, 1983

South Bend Fs&la of South Bend, Indiana was closed on November 14, 1983 and resolved through a a/a. Standard Fs&la (MI) took over its insured deposits. At failure it held $71.4M in assets and $71.5M in deposits. The FDIC's estimated loss on the failure is $4.7M (6.6% of assets).

Closing date
November 14, 1983
FDIC certificate #
29453
Resolution
A/A (assistance)
Acquiring institution
Standard Fs&la
Insurance fund
FSLIC

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