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Bank failure · AZ

Universal S&la (Scottsdale, AZ) — failed May 24, 1988

Universal S&la of Scottsdale, Arizona was closed on May 24, 1988 and resolved through a assisted merger. 0 (0) took over its insured deposits. At failure it held $116.8M in assets and $114.8M in deposits.

Closing date
May 24, 1988
FDIC certificate #
32034
Resolution
Assisted merger (failure)
Acquiring institution
0
Insurance fund
FSLIC

Other failures in 1988

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