Bank failure · OH
The State S&l Co. (Euclid, OH) — failed June 27, 1986
The State S&l Co. of Euclid, Ohio was closed on June 27, 1986 and resolved through a a/a. First Nationwide Svg Fs&la (CA) took over its insured deposits. At failure it held $381.7M in assets and $401.8M in deposits. The FDIC's estimated loss on the failure is $176K (0.0% of assets).
- Closing date
- June 27, 1986
- FDIC certificate #
- 28491
- Resolution
- A/A (assistance)
- Acquiring institution
- First Nationwide Svg Fs&la
- Insurance fund
- FSLIC
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- Landmark National Bank CO
- First Bank & Trust Co. TX
- Lago Vista National Bank TX
- Barron County Fs&la WI
- First Savings of America IL
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- Hays State Bank KS
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- First Security S&la CO
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