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Bank failure · SC

Victory State Bank (Columbia, SC) — failed March 26, 1999

Victory State Bank of Columbia, South Carolina was closed on March 26, 1999 and resolved through a purchase and assumption. South Carolina Community Ba (SC) took over its insured deposits. At failure it held $13.2M in assets and $12.9M in deposits.

Closing date
March 26, 1999
FDIC certificate #
17200
Resolution
Purchase and assumption (failure)
Acquiring institution
South Carolina Community Ba
Insurance fund
BIF

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