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Data / Bank failures / 1982 / Peach State FS&LA

Peach State FS&LA, Bremen, GA: received FDIC assistance February 5, 1982

Peach State FS&LA in Bremen, Georgia, received open bank assistance from the FDIC on February 5, 1982. It held $115.9 million in assets and $84.2 million in deposits at its last report. By assets it was the 51st largest of 119 banks closed or assisted in 1982.

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The FDIC's record

Closed
February 5, 1982
Type
Open bank assistance
How it was resolved
Open bank assistance: the FDIC assisted the bank without closing it
Acquirer
California FS&LA, Los Angeles, CA
Total assets
$115,921,746
Total deposits
$84,228,535
Charter
Savings and loan association
Insurance fund
FSLIC
FDIC certificate
30913

The FDIC record

Other bank failures in Georgia, 1980 to 1984

BankCityClosedAssetsDepositsEstimated costAcquirer
Peachtree FS&LA (assistance)AtlantaDecember 20, 1982$105 million$77.1 million$130,695Anchor Savings Bank FSB
First FS&LA of Crisp County (assistance)CordeleDecember 20, 1982$44.6 million$44.2 million$36,201Anchor Savings Bank FSB
First FS&LA of Sylvania (assistance)SylvaniaFebruary 5, 1982$17.5 million$16 millionCalifornia FS&LA
Guaranty FS&LA (assistance)AdelFebruary 5, 1982$34.8 million$31 millionCalifornia FS&LA
Peoples Banking CompanyBostonMarch 17, 1981$8.4 million$8.1 million$435,019Commercial Bank

Other failed banks California FS&LA took over

BankCityStateClosedAssetsDepositsEstimated costAcquirer
United FS&LA of Broward County (assistance)Fort LauderdaleFLFebruary 5, 1982$672.4 million$573.7 millionCalifornia FS&LA
First FS&LA of Sylvania (assistance)SylvaniaGAFebruary 5, 1982$17.5 million$16 millionCalifornia FS&LA
Guaranty FS&LA (assistance)AdelGAFebruary 5, 1982$34.8 million$31 millionCalifornia FS&LA

All bank failures in 1982 · All bank failures in Georgia · Every failed bank California FS&LA 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.