# ALASKA MUTUAL BANK

> **Failed bank** · ANCHORAGE, AK · failed 1988-01-28 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $171M

## What happened

ALASKA MUTUAL BANK of ANCHORAGE, AK was closed by regulators 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
- **Estimated FDIC DIF cost:** $171M
- **Deposits at failure:** $925M
- **Assets at failure:** $1,183M
- **Acquiring bank:** NATIONAL BANK OF ALASKA (ANCHORAGE, AK)

## Other banks NATIONAL BANK OF ALASKA has acquired in FDIC resolutions

- ALLIANCE BANK (ANCHORAGE, AK) — failed 1989-04-21 — /failed-bank/2359
- FIRST INTERSTATE BANK OF ALASKA (ANCHORAGE, AK) — failed 1987-12-11 — /failed-bank/1577
- ALASKA NATIONAL BANK OF THE NORTH (FAIRBANKS, AK) — failed 1987-10-22 — /failed-bank/1542

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, ALASKA MUTUAL BANK (FDIC ID 1613), failed 1988-01-28. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/1613.

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