# BEAVER CREEK STATE BANK

> **Failed bank** · BEAVER CREEK, MN · failed 1987-03-13 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $1M

## What happened

BEAVER CREEK STATE BANK of BEAVER CREEK, MN was closed by regulators on **1987-03-13**. The FDIC was named receiver.

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

Deposits were transferred to **CITIZENS STB OF SILVER L** (SILVER LAKE, MN). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1386
- **FDIC Certificate:** 8846
- **FDIC FIN:** 6828
- **Bank name:** BEAVER CREEK STATE BANK
- **Location:** BEAVER CREEK, MN
- **Failure date:** 1987-03-13
- **FDIC resolution date:** 1987-03-13
- **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:** $1M
- **Deposits at failure:** $7M
- **Assets at failure:** $7M
- **Acquiring bank:** CITIZENS STB OF SILVER L (SILVER LAKE, MN)

## Other banks CITIZENS STB OF SILVER L has acquired in FDIC resolutions

- FARMERS STATE BANK OF KANARANZI (KANARANZI, MN) — failed 1985-10-18 — /failed-bank/1085

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BEAVER CREEK STATE BANK (FDIC ID 1386), failed 1987-03-13. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/1386.

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