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Data / Bank failures / First Nationwide SVG FS&LA

Failed banks taken over by First Nationwide SVG FS&LA: 3

First Nationwide SVG FS&LA took over 3 failed banks between June 27, 1986 and December 31, 1986, holding $998.6 million in assets and $1.05 billion in deposits. The FDIC estimates the cost to its insurance fund at $93.3 million. The largest: Lincoln FS&LA ($460.8 million), The State S&L Co. ($381.7 million), Citizens Home Savings Company ($156.1 million).

SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.

Every bank it took over, newest first

BankCityStateClosedAssetsDepositsEstimated costAcquirer
Lincoln FS&LA (assistance)LouisvilleKYDecember 31, 1986$460.8 million$478.3 million$93 millionFirst Nationwide SVG FS&LA
The State S&L Co. (assistance)EuclidOHJune 27, 1986$381.7 million$401.8 million$176,067First Nationwide SVG FS&LA
Citizens Home Savings Company (assistance)LorainOHJune 27, 1986$156.1 million$168.6 million$137,933First Nationwide SVG FS&LA

Other acquiring banks

Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.