# THE FARMERS AND MERCHANTS BANK OF SHEYENNE

> **Failed bank** · SHEYENNE, ND · failed 1990-10-26 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $1M

## What happened

THE FARMERS AND MERCHANTS BANK OF SHEYENNE of SHEYENNE, ND was closed by regulators on **1990-10-26**. The FDIC was named receiver.

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

Deposits were transferred to **THE RAMSEY NATIONAL BANK AN** (DEVILS LAKE, ND). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2926
- **FDIC Certificate:** 13245
- **FDIC FIN:** 4289
- **Bank name:** THE FARMERS AND MERCHANTS BANK OF SHEYENNE
- **Location:** SHEYENNE, ND
- **Failure date:** 1990-10-26
- **FDIC resolution date:** 1990-10-26
- **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:** $1M
- **Deposits at failure:** $3M
- **Assets at failure:** $3M
- **Acquiring bank:** THE RAMSEY NATIONAL BANK AN (DEVILS LAKE, ND)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20FARMERS%20AND%20MERCHANTS%20BANK%20OF%20SHEYENNE

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE FARMERS AND MERCHANTS BANK OF SHEYENNE (FDIC ID 2926), failed 1990-10-26. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/2926.

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