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Bank Failure

UNITED FS&LA OF BROWARD COUNTY

Closed February 5, 1982 · FORT LAUDERDALE, FL · FDIC Cert #31481.

Closing date
February 5, 1982
Headquarters
FORT LAUDERDALE, FL
FDIC Certificate
31481
Total assets at closing
$672,428,000
Total deposits at closing
$573,666,000
Resolution type
other
Acquirer
CALIFORNIA FS&LA

Context

On February 5, 1982, regulators closed UNITED FS&LA OF BROWARD COUNTY, headquartered in FORT LAUDERDALE, FL. At closing, the institution held approximately $672,428,000 in assets and $573,666,000 in deposits. The FDIC arranged a resolution under which CALIFORNIA 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