The Graveyard › Banks › 1983
Gem Fs&La
Norwood · assisted March 1, 1983 · FDIC certificate 27823
Gem Fs&La of Norwood was given assistance by the FSLIC on March 1, 1983. The FDIC's list records an assistance transaction, not a closing. It opened in 1915, 68 years before. At its last report before that it held $16.8 million in assets and $11.1 million in deposits. The FDIC estimates that the FSLIC's fund lost $976,978 on it.
Assets at the end$16.8 millionlast report before March 1, 1983
Deposits at the end$11.1 million
Estimated loss to the fund$976,978FSLIC
Also ended in 1983
- Dry Dock Savings Bank · New York · $2.5 billion in assets · assisted
- Suburban S&LA · Wayne · $2.0 billion in assets · assisted
- Biscayne Fs&La · Miami · $1.9 billion in assets · assisted
- The First National Bank of Midland · Midland, TX · $1.4 billion in assets
- United American Bank in Knoxville · Knoxville · $760.5 million in assets · assisted
- Carondelet S&LA Also Case 115 · St. Louis · $740.6 million in assets · assisted
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.