Record · Bank
MOUNTAIN SECURITY SB
MOUNTAIN SECURITY SB held $125.3 million in total assets at failure as of June 6, 1986, according to the FDIC.
MOUNTAIN SECURITY SB, of WYTHEVILLE, VA, was an FDIC-insured institution that received FDIC assistance on June 6, 1986, as the FDIC records it.
The failure
- June 6, 1986
- Assisted
- $125.3 million
- Assets at failure
- $125,326,000
- $114.3 million
- Deposits at failure
- $114,335,000
- $18.9 million
- Estimated cost to the insurance fund
- $18,928,140
- The FDIC's estimate as of July 31, 2026; it revises the estimate as it sells the bank's assets.
- CARTERET S&LA FA
- Acquired by
- NEWARK, NJ
The FDIC’s entry
- FDIC certificate number
- 31727
- Resolution
- ASSISTANCE
- Transaction type
- A/A
- Charter class
- SL
- Insurance fund
- FSLIC
- Insured since
- February 21, 1975
- Established
- January 1, 1973
- Recorded in
- The FDIC’s failures data
Sources
- FDIC failures — every bank failure and assistance transaction since 1934 — Federal Deposit Insurance Corporation · Public domain — U.S. Government work · retrieved September 27, 2026
Compiled automatically from FDIC failures — every bank failure and assistance transaction since 1934 by a checked SQL query · Editor: Kian O'Connor · How this site is built
Data retrieved