# FIRST COMMERCE SB, FSB

> **Failed bank** · LOWELL, IN · failed 1991-06-14 · Savings bank · FDIC cost $1M

## What happened

FIRST COMMERCE SB, FSB of LOWELL, IN was closed by state regulators on **1991-06-14**. The FDIC was named receiver.

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

Deposits were transferred to **CENTIER BANK** (WHITING, IN). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3130
- **FDIC Certificate:** 31276
- **FDIC FIN:** 2159
- **Bank name:** FIRST COMMERCE SB, FSB
- **Location:** LOWELL, IN
- **Failure date:** 1991-06-14
- **FDIC resolution date:** 1992-02-07
- **Charter type:** Savings bank
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $11M
- **Assets at failure:** $11M
- **Acquiring bank:** CENTIER BANK (WHITING, IN)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20COMMERCE%20SB%2C%20FSB

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST COMMERCE SB, FSB (FDIC ID 3130), failed 1991-06-14. Retrieved via AI Analytics 2026-06-24 from https://api.ai-analytics.org/failed-bank/3130.

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