Skip to main content

Bank Failure

CARTERSVILLE FSB OF GEORGIA

Closed March 30, 1989 · CARTERSVILLE , GA · FDIC Cert #29160 .

Closing date
March 30, 1989
Headquarters
CARTERSVILLE , GA
FDIC Certificate
29160
Total assets at closing
$56.7M
Total deposits at closing
$58.7M
Resolution type
other
Acquirer
PRUDENTIAL SAVINGS BANK FSB

Context

On March 30, 1989, regulators closed CARTERSVILLE FSB OF GEORGIA , headquartered in CARTERSVILLE , GA . At closing, the institution held approximately $56.7M in assets and $58.7M in deposits . The FDIC arranged a resolution under which PRUDENTIAL SAVINGS BANK FSB acquired the failed bank's operations.

Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.

Other failures in 1989

Date Bank HQ Assets
1989-12-21 COLUMBIA FSA NASSAU BAY , TX $77.1M
1989-12-21 SILVER SAVINGS ASSOC. SILVER CITY , NM $32.2M
1989-12-20 FIRST CITY NATIONAL BANK AND TRUST NEW YORK , NY $39.5M
1989-12-20 UNITED COMMUNITY BANK WESTLAKE VILLAGE , CA $32.3M
1989-12-15 FIRST AMERICAN BANK AND TRUST NORTH PALM BEACH , FL $1.38B
1989-12-14 YORKRIDGE-CALVERT FEDERAL SAVINGS BALTIMORE , MD $585.8M
1989-12-14 LOUISIANA SAVINGS ASSN. LAKE CHARLES , LA $449.3M
1989-12-14 FIRST ACADIANA BANK EUNICE , LA $46.8M