Data / Bank failures / 1981 / Pan American, FS&LA
Pan American, FS&LA, Rio Piedras, PR: received FDIC assistance November 20, 1981
Pan American, FS&LA in Rio Piedras, Puerto Rico, received open bank assistance from the FDIC on November 20, 1981. It held $43.9 million in assets and $31.6 million in deposits at its last report. By assets it was the 28th largest of 40 banks closed or assisted in 1981.
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.
The FDIC's record
- Closed
- November 20, 1981
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- First FSB, Santurce, PR
- Total assets
- $43,914,650
- Total deposits
- $31,610,013
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 31773
Other bank failures in Puerto Rico, 1979 to 1983
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Union Trust Company | San Juan | December 9, 1983 | $30.6 million | $25.7 million | $9.2 million | Banco Popular de Puerto |
| United FS&LA of Puerto Rico (assistance) | San Juan | July 30, 1982 | $286.9 million | $215.9 million | Caguas FS&LA | |
| Banco Regional | Bayamon | June 12, 1982 | $21.4 million | $17.9 million | $319,816 | Citibank N A |
| First FS&LA of Puerto Rico (assistance) | Santurce | November 20, 1981 | First FSB |
Other failed banks First FSB took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| First Federal Savings of Toledo | Toledo | OH | February 1, 1991 | $1.02 billion | $1.02 billion | $38.4 million | First FSB |
| First Federal Savings & Loan | San Antonio | TX | January 4, 1991 | $638.6 million | $472.4 million | $37.7 million | First FSB |
| First Federal Sav. Assoc./bluefield | Bluefield | WV | February 23, 1990 | $39.3 million | $33.2 million | $2.6 million | First FSB |
| Broadview Savings Bank | Cleveland | OH | March 30, 1989 | $1.78 billion | $1.14 billion | $94.7 million | First FSB |
| First FS&LA of Puerto Rico (assistance) | Santurce | PR | November 20, 1981 | First FSB |
All bank failures in 1981 · All bank failures in Puerto Rico · Every failed bank First FSB took over · The full failed bank list
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.