Bank failure · MO
St. Louis County Savings Assoc. (Ferguson, MO) — failed January 11, 1990
St. Louis County Savings Assoc. of Ferguson, Missouri was closed on January 11, 1990 and resolved through a purchase and assumption. South Side Nb in St. Louis (MO) took over its insured deposits. At failure it held $85.8M in assets and $81.2M in deposits. The FDIC's estimated loss on the failure is $10K (0.0% of assets).
- Closing date
- January 11, 1990
- FDIC certificate #
- 28928
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- South Side Nb in St. Louis
- Insurance fund
- RTC
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