# AUBURN SAVINGS BANK

> **Failed bank** · AUBURN, IA · failed 1985-11-08 · State commercial bank, Federal Reserve member · FDIC cost $1M

## What happened

AUBURN SAVINGS BANK of AUBURN, IA was closed by state regulators on **1985-11-08**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **CARROLL COUNTY STATE BAN** (CARROLL, IA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1095
- **FDIC Certificate:** 14271
- **FDIC FIN:** 2512
- **Bank name:** AUBURN SAVINGS BANK
- **Location:** AUBURN, IA
- **Failure date:** 1985-11-08
- **FDIC resolution date:** 1985-11-08
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $7M
- **Assets at failure:** $7M
- **Acquiring bank:** CARROLL COUNTY STATE BAN (CARROLL, IA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=AUBURN%20SAVINGS%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, AUBURN SAVINGS BANK (FDIC ID 1095), failed 1985-11-08. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/1095.

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