Bank failure · UT
Summit S&la (Park City, UT) — failed April 16, 1986
Summit S&la of Park City, Utah was closed on April 16, 1986 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $210.7M in assets and $180.7M in deposits. The FDIC's estimated loss on the failure is $46.1M (21.9% of assets).
- Closing date
- April 16, 1986
- FDIC certificate #
- 31989
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FSLIC
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