UNITED SAVINGS BANK, FSB Failed 1990

WINDOM, MN · Savings bank · view on FDIC BankFind ↗

What happened

UNITED SAVINGS BANK, FSB of WINDOM, MN was closed on 1990-05-11. The FDIC was named receiver.

Resolution: Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to BRANCH SALE (NONE, NA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2760
FDIC Certificate
29182
FDIC FIN
7121
Bank name
UNITED SAVINGS BANK, FSB
Location
WINDOM, MN
Failure date
1990-05-11
FDIC resolution date
1990-07-06
Charter type
Savings bank
Resolution type
Insured Deposit Transfer — insured deposits transferred to another bank
FDIC DIF cost (est.)
$44M
Deposits at failure
$133M
Assets at failure
$161M
Acquiring bank
BRANCH SALE (NONE, NA)

Other banks BRANCH SALE acquired in FDIC resolutions