Data / Bank failures / 1980 / University FS&LA
University FS&LA, Coral Gables, FL: received FDIC assistance August 1, 1980
University FS&LA in Coral Gables, Florida, received open bank assistance from the FDIC on August 1, 1980. It held $235.4 million in assets and $175.7 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $1.2 million (0.5% of its assets). By assets it was the 4th largest of 22 banks closed or assisted in 1980.
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The FDIC's record
- Closed
- August 1, 1980
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Florida FS&LA, ST. Petersburg, FL
- Total assets
- $235,417,645
- Total deposits
- $175,698,498
- Estimated cost to the FDIC
- $1,160,808 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 31014
Other bank failures in Florida, 1978 to 1982
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| 1ST of Delray Beach S&LA (assistance) | Delray Beach | October 1, 1982 | $843 million | $675.2 million | Carteret Savings Bank FA | |
| First of Mid Florida (assistance) | Deland | July 30, 1982 | $549.3 million | $486.8 million | $1.8 million | Empire of America, Fsa |
| Metropolitan BK & TR Company | Tampa | February 12, 1982 | $267.4 million | $210.2 million | Great American Bank of T | |
| United FS&LA of Broward County (assistance) | Fort Lauderdale | February 5, 1982 | $672.4 million | $573.7 million | California FS&LA | |
| Southern FS&LA of Broward County (assistance) | Pompano Beach | December 17, 1981 | $615.4 million | $495.7 million | $5.2 million | Home Sa of America |
| Boca Raton FS&LA (assistance) | Boca Raton | December 9, 1981 | $275.8 million | $236.2 million | $8.8 million | City FS&LA |
| First FS&LA of Broward County (assistance) | FT. Lauderdale | November 19, 1981 | $2.55 billion | $1.93 billion | $-253,000 | Glendale FS&LA |
| Washington FS&LA (assistance) | Miami Beach | September 8, 1981 | $1.20 billion | $913.5 million | $147.2 million | Citizens Savings |
All bank failures in 1980 · All bank failures in Florida · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-24. 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.