FIRST CITY - SIOUX FALLS N.A. Failed 1988
What happened
FIRST CITY - SIOUX FALLS N.A. of SIOUX FALLS, SD was closed on 1988-04-20. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to FIRST CITY - SIOUX FALLS N. (SIOUX FALLS, SD). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1731
- FDIC Certificate
- 26339
- FDIC FIN
- 1941
- Bank name
- FIRST CITY - SIOUX FALLS N.A.
- Location
- SIOUX FALLS, SD
- Failure date
- 1988-04-20
- FDIC resolution date
- 1988-04-20
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $228M
- Assets at failure
- $598M
- Acquiring bank
- FIRST CITY - SIOUX FALLS N. (SIOUX FALLS, SD)