# FIRST FEDERAL SB

> **Failed bank** · ROGERS, AR · failed 1988-09-07 · Savings bank · FDIC cost $22M

## What happened

FIRST FEDERAL SB of ROGERS, AR was closed by state regulators on **1988-09-07**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **FIRST FEDERAL SAVINGS BANK** (ROGERS, AR). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1917
- **FDIC Certificate:** 28910
- **FDIC FIN:** 1746
- **Bank name:** FIRST FEDERAL SB
- **Location:** ROGERS, AR
- **Failure date:** 1988-09-07
- **FDIC resolution date:** 1988-09-07
- **Charter type:** Savings bank
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $22M
- **Deposits at failure:** $135M
- **Assets at failure:** $123M
- **Acquiring bank:** FIRST FEDERAL SAVINGS BANK (ROGERS, AR)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20FEDERAL%20SB

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST FEDERAL SB (FDIC ID 1917), failed 1988-09-07. Retrieved via AI Analytics 2026-07-08 from https://api.ai-analytics.org/failed-bank/1917.

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