# WILLIAMS SAVINGS BANK

> **Failed bank** · WILLIAMS, IA · failed 1986-03-20 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $0M

## What happened

WILLIAMS SAVINGS BANK of WILLIAMS, IA was closed by regulators on **1986-03-20**. The FDIC was named receiver.

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

Deposits were transferred to **IOWA FALLS STATE BANK** (IOWA FALLS, IA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1160
- **FDIC Certificate:** 12667
- **FDIC FIN:** 2541
- **Bank name:** WILLIAMS SAVINGS BANK
- **Location:** WILLIAMS, IA
- **Failure date:** 1986-03-20
- **FDIC resolution date:** 1986-03-20
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $12M
- **Assets at failure:** $13M
- **Acquiring bank:** IOWA FALLS STATE BANK (IOWA FALLS, IA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, WILLIAMS SAVINGS BANK (FDIC ID 1160), failed 1986-03-20. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/failed-bank/1160.

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