# GRAETTINGER STATE BANK

> **Failed bank** · GRAETTINGER, IA · failed 1986-08-07 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $1M

## What happened

GRAETTINGER STATE BANK of GRAETTINGER, IA was closed by regulators on **1986-08-07**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 1251
- **FDIC Certificate:** 18377
- **FDIC FIN:** 2588
- **Bank name:** GRAETTINGER STATE BANK
- **Location:** GRAETTINGER, IA
- **Failure date:** 1986-08-07
- **FDIC resolution date:** 1986-08-07
- **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:** $1M
- **Deposits at failure:** $11M
- **Assets at failure:** $12M
- **Acquiring bank:** SWEA CITY STATE BANK (SWEA CITY, IA)

## Other banks SWEA CITY STATE BANK has acquired in FDIC resolutions

- THE LONE ROCK BANK, N.A. (LONE ROCK, IA) — failed 1986-05-29 — /failed-bank/1202

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, GRAETTINGER STATE BANK (FDIC ID 1251), failed 1986-08-07. Retrieved via AI Analytics 2026-07-11 from https://api.ai-analytics.org/failed-bank/1251.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*