FIRST INTERSTATE BANK OF ALASKA Failed 1987
What happened
FIRST INTERSTATE BANK OF ALASKA of ANCHORAGE, AK was closed on 1987-12-11. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to NATIONAL BANK OF ALASKA (ANCHORAGE, AK). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1577
- FDIC Certificate
- 17334
- FDIC FIN
- 2766
- Bank name
- FIRST INTERSTATE BANK OF ALASKA
- Location
- ANCHORAGE, AK
- Failure date
- 1987-12-11
- FDIC resolution date
- 1987-12-11
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $104M
- Deposits at failure
- $359M
- Assets at failure
- $368M
- Acquiring bank
- NATIONAL BANK OF ALASKA (ANCHORAGE, AK)
Other banks NATIONAL BANK OF ALASKA acquired in FDIC resolutions