Bank failure · OH

Unity Bank (Dayton, OH) — failed April 22, 1988

Unity Bank of Dayton, Ohio was closed on April 22, 1988 and resolved through a purchase and assumption. First National Bank (OH) took over its insured deposits. At failure it held $7.1M in assets and $6.7M in deposits. The FDIC's estimated loss on the failure is $1.9M (26.4% of assets).