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Data / Bank failures / 1981 / Security of Statesville

Security of Statesville, Statesville, NC: received FDIC assistance February 9, 1981

Security of Statesville in Statesville, North Carolina, received open bank assistance from the FDIC on February 9, 1981. It held $15.7 million in assets and $13 million in deposits at its last report. By assets it was the 33rd largest of 40 banks closed or assisted in 1981.

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The FDIC's record

Closed
February 9, 1981
Type
Open bank assistance
How it was resolved
Open bank assistance: the FDIC assisted the bank without closing it
Acquirer
Asheville FS&LA, Asheville, NC
Total assets
$15,688,648
Total deposits
$12,987,860
Charter
Savings and loan association
Insurance fund
FSLIC
FDIC certificate
31721

The FDIC record

Other bank failures in North Carolina, 1979 to 1983

BankCityClosedAssetsDepositsEstimated costAcquirer
First FS&LA of New Bern (assistance)New BernJuly 1, 1981$57.4 million$46.8 million$3.6 millionRaleigh FS&LA

All bank failures in 1981 · All bank failures in North Carolina · 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.