Bank failure · IN

Union Fs&la (Indianapolis, IN) — failed September 7, 1984

Union Fs&la of Indianapolis, Indiana was closed on September 7, 1984 and resolved through a a/a. Union Fs&la (IN) took over its insured deposits. At failure it held $309.3M in assets and $285.9M in deposits. The FDIC's estimated loss on the failure is $26.8M (8.6% of assets).