# THE AMERICAN BANK

> **Failed bank** · ALMA, WI · failed 1986-06-20 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $3M

## What happened

THE AMERICAN BANK of ALMA, WI was closed by regulators on **1986-06-20**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **BANK OF ALMA** (ALMA, WI). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1215
- **FDIC Certificate:** 13050
- **FDIC FIN:** 6707
- **Bank name:** THE AMERICAN BANK
- **Location:** ALMA, WI
- **Failure date:** 1986-06-20
- **FDIC resolution date:** 1986-06-20
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $36M
- **Assets at failure:** $40M
- **Acquiring bank:** BANK OF ALMA (ALMA, WI)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE AMERICAN BANK (FDIC ID 1215), failed 1986-06-20. Retrieved via AI Analytics 2026-07-10 from https://api.ai-analytics.org/failed-bank/1215.

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