# DEER LODGE BANK & TRUST COMPANY

> **Failed bank** · DEER LODGE, MT · failed 1987-04-09 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $3M

## What happened

DEER LODGE BANK & TRUST COMPANY of DEER LODGE, MT was closed by regulators on **1987-04-09**. The FDIC was named receiver.

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

Deposits were transferred to **PEOPLES BK OF DEER LODGE** (DEER LODGE, MT). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1409
- **FDIC Certificate:** 8316
- **FDIC FIN:** 2675
- **Bank name:** DEER LODGE BANK & TRUST COMPANY
- **Location:** DEER LODGE, MT
- **Failure date:** 1987-04-09
- **FDIC resolution date:** 1987-04-09
- **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:** $3M
- **Deposits at failure:** $14M
- **Assets at failure:** $15M
- **Acquiring bank:** PEOPLES BK OF DEER LODGE (DEER LODGE, MT)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=DEER%20LODGE%20BANK%20%26%20TRUST%20COMPANY

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, DEER LODGE BANK & TRUST COMPANY (FDIC ID 1409), failed 1987-04-09. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/1409.

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