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Data / Bank failures / Standard FS&LA

Failed banks taken over by Standard FS&LA: 5

Standard FS&LA took over 5 failed banks between October 14, 1980 and November 14, 1983, holding $593.7 million in assets and $536.3 million in deposits. The FDIC estimates the cost to its insurance fund at $40.8 million. The largest: First FS&LA of FT. Wayne ($298.1 million), First of Niles FS&LA ($131.8 million), South Bend FS&LA ($71.4 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
FT. Wayne FS&LA (assistance)Fort WayneINNovember 14, 1983$37 million$31 million$2.2 millionStandard FS&LA
American FS&LA (assistance)Fort WayneINNovember 14, 1983$55.4 million$46.4 million$3.4 millionStandard FS&LA
South Bend FS&LA (assistance)South BendINNovember 14, 1983$71.4 million$71.5 million$4.7 millionStandard FS&LA
First FS&LA of FT. Wayne (assistance)Fort WayneINNovember 14, 1983$298.1 million$267.2 million$17.3 millionStandard FS&LA
First of Niles FS&LA (assistance)NilesMIOctober 14, 1980$131.8 million$120.3 million$13.3 millionStandard 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.