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Bank failure · NC

Surety Fs&la (Morganton, NC) — failed December 11, 1987

Surety Fs&la of Morganton, North Carolina was closed on December 11, 1987 and resolved through a a/a. Surety Fs&la Fsa (NC) took over its insured deposits. At failure it held $124.9M in assets and $111.5M in deposits.

Closing date
December 11, 1987
FDIC certificate #
30411
Resolution
A/A (assistance)
Acquiring institution
Surety Fs&la Fsa
Insurance fund
FSLIC

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