Data / Bank failures / 1984 / Union Mutual S&LA
Union Mutual S&LA, Richmond, VA: failed January 27, 1984
Union Mutual S&LA in Richmond, Virginia, failed on January 27, 1984. It held $8.6 million in assets and $7.9 million in deposits at its last report. By assets it was the 91st largest of 106 banks closed or assisted in 1984.
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The FDIC's record
- Closed
- January 27, 1984
- Type
- Failure
- How it was resolved
- Insured deposit transfer: the insured deposits moved to another bank
- Total assets
- $8,641,148
- Total deposits
- $7,945,455
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 31584
Other bank failures in Virginia, 1982 to 1986
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Mountain Security SB (assistance) | Wytheville | June 6, 1986 | $125.3 million | $114.3 million | $18.9 million | Carteret S&LA FA |
| First of Montgomery County (assistance) | Blacksburg | June 6, 1986 | $14.5 million | $15.5 million | $3.3 million | Carteret S&LA FA |
| Family FS&LA (assistance) | Springfield | September 27, 1985 | $57.1 million | $71.2 million | $776,000 | Columbia First FS&LA |
| Northern Virginia S&LA (assistance) | Arlington | May 2, 1985 | $237.2 million | $240.6 million | $18.9 million | Northern Virginia S&LA A FA |
| MT. Vernon S&LA (assistance) | Rosslyn | August 5, 1983 | $117.8 million | $118 million | $18.6 million | First Florida FSB |
| Middle Pnsla NRTH. Neck FS&LA (assistance) | Gloucester | August 5, 1983 | $44.7 million | $41.9 million | $4.3 million | First Florida FSB |
| Peninsula FS&LA (assistance) | Newport News | March 5, 1983 | $95.9 million | $76.1 million | $1.9 million | Bay Savings Bank FSB |
| First FS&LA of Newport News (assistance) | Newport News | March 5, 1983 | $94.6 million | $86.3 million | $4.4 million | Bay Savings Bank, FSB |
All bank failures in 1984 · All bank failures in Virginia · 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.