# HERITAGE BANK & TRUST

> **Failed bank** · SALT LAKE COUNTY, UT · failed 1987-04-29 · State commercial bank, Federal Reserve member · FDIC cost $0M

## What happened

HERITAGE BANK & TRUST of SALT LAKE COUNTY, UT was closed by state regulators on **1987-04-29**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST INTERSTATE BK OF U** (SALT LAKE CITY, UT). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1424
- **FDIC Certificate:** 22548
- **FDIC FIN:** 6852
- **Bank name:** HERITAGE BANK & TRUST
- **Location:** SALT LAKE COUNTY, UT
- **Failure date:** 1987-04-29
- **FDIC resolution date:** 1987-04-29
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $16M
- **Assets at failure:** $18M
- **Acquiring bank:** FIRST INTERSTATE BK OF U (SALT LAKE CITY, UT)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, HERITAGE BANK & TRUST (FDIC ID 1424), failed 1987-04-29. Retrieved via AI Analytics 2026-07-08 from https://api.ai-analytics.org/failed-bank/1424.

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