MIDLAND FS&LA Failed 1985
What happened
MIDLAND FS&LA of MOORHEAD, MN was closed on 1985-12-02. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to MIDLAND FS&LA (MOORHEAD, MN). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1109
- FDIC Certificate
- 30731
- FDIC FIN
- 1676
- Bank name
- MIDLAND FS&LA
- Location
- MOORHEAD, MN
- Failure date
- 1985-12-02
- FDIC resolution date
- 1985-12-02
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $49M
- Deposits at failure
- $41M
- Assets at failure
- $38M
- Acquiring bank
- MIDLAND FS&LA (MOORHEAD, MN)