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Bank failure · WV

Traders Fs&la (Parkersburg, WV) — failed February 10, 1988

Traders Fs&la of Parkersburg, West Virginia was closed on February 10, 1988 and resolved through a a/a. Atlantic Financial Federal (WV) took over its insured deposits. At failure it held $68.5M in assets and $73.1M in deposits. The FDIC's estimated loss on the failure is $18.9M (27.5% of assets).

Closing date
February 10, 1988
FDIC certificate #
29246
Resolution
A/A (assistance)
Acquiring institution
Atlantic Financial Federal
Insurance fund
FSLIC

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