Data / Bank failures / 1984 / Union FS&LA
Union FS&LA, Indianapolis, IN: received FDIC assistance September 7, 1984
Union FS&LA in Indianapolis, Indiana, received open bank assistance from the FDIC on September 7, 1984. It held $309.3 million in assets and $285.9 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $26.8 million (8.6% of its assets). By assets it was the 9th largest of 106 banks closed or assisted in 1984.
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The FDIC's record
- Closed
- September 7, 1984
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Union FS&LA, Indianapolis, IN
- Total assets
- $309,344,000
- Total deposits
- $285,940,000
- Estimated cost to the FDIC
- $26,754,000 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 29456
Other bank failures in Indiana, 1982 to 1986
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Industrial National Bank of East Chicago | East Chicago | April 3, 1986 | $8.4 million | $8.1 million | $1.2 million | Mercantile NB of Indiana |
| Allen County Bank and Trust Company | Leo | November 22, 1985 | $10.9 million | $10.5 million | Indiana National Bank | |
| Peoples State Bank of Clay County | Poland | August 10, 1984 | $17.7 million | $17.1 million | $5.1 million | First State Bank |
| The Shelby Nat BK of Shelbyville | Shelbyville | April 19, 1984 | $67.8 million | $65.5 million | $378,072 | American Fletcher NB&T C |
| FT. Wayne FS&LA (assistance) | Fort Wayne | November 14, 1983 | $37 million | $31 million | $2.2 million | Standard FS&LA |
| American FS&LA (assistance) | Fort Wayne | November 14, 1983 | $55.4 million | $46.4 million | $3.4 million | Standard FS&LA |
| South Bend FS&LA (assistance) | South Bend | November 14, 1983 | $71.4 million | $71.5 million | $4.7 million | Standard FS&LA |
| First FS&LA of FT. Wayne (assistance) | Fort Wayne | November 14, 1983 | $298.1 million | $267.2 million | $17.3 million | Standard FS&LA |
All bank failures in 1984 · All bank failures in Indiana · 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.