# ALLIANCE BANK

> **Failed bank** · ANCHORAGE, AK · failed 1989-04-21 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $76M

## What happened

ALLIANCE BANK of ANCHORAGE, AK was closed by regulators on **1989-04-21**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 2359
- **FDIC Certificate:** 18462
- **FDIC FIN:** 4009
- **Bank name:** ALLIANCE BANK
- **Location:** ANCHORAGE, AK
- **Failure date:** 1989-04-21
- **FDIC resolution date:** 1989-04-21
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $76M
- **Deposits at failure:** $797M
- **Assets at failure:** $779M
- **Acquiring bank:** NATIONAL BANK OF ALASKA (ANCHORAGE, AK)

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

- ALASKA MUTUAL BANK (ANCHORAGE, AK) — failed 1988-01-28 — /failed-bank/1613
- 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=ALLIANCE%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, ALLIANCE BANK (FDIC ID 2359), failed 1989-04-21. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/failed-bank/2359.

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