Data / Bank failures / 1982 / Peachtree FS&LA
Peachtree FS&LA, Atlanta, GA: received FDIC assistance December 20, 1982
Peachtree FS&LA in Atlanta, Georgia, received open bank assistance from the FDIC on December 20, 1982. It held $105 million in assets and $77.1 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $130,695 (0.1% of its assets). By assets it was the 53rd largest of 119 banks closed or assisted in 1982.
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The FDIC's record
- Closed
- December 20, 1982
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Anchor Savings Bank FSB, Northport, NY
- Total assets
- $104,978,864
- Total deposits
- $77,140,418
- Estimated cost to the FDIC
- $130,695 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 30366
Other bank failures in Georgia, 1980 to 1984
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| First FS&LA of Crisp County (assistance) | Cordele | December 20, 1982 | $44.6 million | $44.2 million | $36,201 | Anchor Savings Bank FSB |
| First FS&LA of Sylvania (assistance) | Sylvania | February 5, 1982 | $17.5 million | $16 million | California FS&LA | |
| Peach State FS&LA (assistance) | Bremen | February 5, 1982 | $115.9 million | $84.2 million | California FS&LA | |
| Guaranty FS&LA (assistance) | Adel | February 5, 1982 | $34.8 million | $31 million | California FS&LA | |
| Peoples Banking Company | Boston | March 17, 1981 | $8.4 million | $8.1 million | $435,019 | Commercial Bank |
Other failed banks Anchor Savings Bank FSB took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Sun FS&LA (assistance) | Talahassee | FL | December 31, 1985 | $367.5 million | $341 million | $12.9 million | Anchor Savings Bank FSB |
| First FS&LA of Crisp County (assistance) | Cordele | GA | December 20, 1982 | $44.6 million | $44.2 million | $36,201 | Anchor Savings Bank FSB |
| Ny & Suburban FS&LA (assistance) | New York | NY | May 31, 1981 | $547.6 million | $355.6 million | $145.8 million | Anchor Savings Bank FSB |
| Guardian FSB (assistance) | Northport | NY | April 30, 1981 | $125.9 million | $89.1 million | $31.4 million | Anchor Savings Bank FSB |
All bank failures in 1982 · All bank failures in Georgia · Every failed bank Anchor Savings Bank 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.