ALASKA MUTUAL BANK Failed 1988

ANCHORAGE, AK · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

ALASKA MUTUAL BANK of ANCHORAGE, AK was closed on 1988-01-28. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to NATIONAL BANK OF ALASKA (ANCHORAGE, AK). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1613
FDIC Certificate
18462
FDIC FIN
1943
Bank name
ALASKA MUTUAL BANK
Location
ANCHORAGE, AK
Failure date
1988-01-28
FDIC resolution date
1988-01-28
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
A/A
FDIC DIF cost (est.)
$171M
Deposits at failure
$925M
Assets at failure
$1,183M
Acquiring bank
NATIONAL BANK OF ALASKA (ANCHORAGE, AK)

Other banks NATIONAL BANK OF ALASKA acquired in FDIC resolutions