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Bank Failure

UNITED FS&LA

Closed May 31, 1982 · BALTIMORE, MD · FDIC Cert #30975.

Closing date
May 31, 1982
Headquarters
BALTIMORE, MD
FDIC Certificate
30975
Total assets at closing
$172,401,000
Total deposits at closing
$132,185,000
Resolution type
other
Acquirer
BALTIMORE FS&LA

Context

On May 31, 1982, regulators closed UNITED FS&LA, headquartered in BALTIMORE, MD. At closing, the institution held approximately $172,401,000 in assets and $132,185,000 in deposits. The FDIC arranged a resolution under which BALTIMORE FS&LA 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 1982

DateBankHQAssets
1982-12-20SOUTH EAST FS&LALOUISVILLE, KY$132,146,000
1982-12-20PEACHTREE FS&LAATLANTA, GA$104,979,000
1982-12-20FIRST HOME FS&LAOWENSBORO, KY$83,632,000
1982-12-20GARFIELD FS&LAPOTTSTOWN, PA$70,419,000
1982-12-20MID-CITY FS&LANORTH WALES, PA$47,779,000
1982-12-20SECURITY FS&LAMAYFIELD, KY$45,862,000
1982-12-20FIRST FS&LA OF CRISP COUNTYCORDELE, GA$44,595,000
1982-12-20CLAY COUNTY FS&LAWEST POINT, MS$14,082,000