ALASKA STATEBANK Failed 1989

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

What happened

ALASKA STATEBANK of ANCHORAGE, AK was closed on 1989-02-03. The FDIC was named receiver.

Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets

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

Key facts

FDIC ID
2084
FDIC Certificate
18363
FDIC FIN
2963
Bank name
ALASKA STATEBANK
Location
ANCHORAGE, AK
Failure date
1989-02-03
FDIC resolution date
1989-02-03
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.)
$17M
Deposits at failure
$97M
Assets at failure
$91M
Acquiring bank
KEY BANK OF ALASKA (ANCHORAGE, AK)