# FIRST FS & LA OF THIEF RIVER FALLS

> **Failed bank** · THIEF RIVER FALLS, MN · failed 1991-08-09 · SL · FDIC cost $3M

## What happened

FIRST FS & LA OF THIEF RIVER FALLS of THIEF RIVER FALLS, MN was closed by state regulators on **1991-08-09**. The FDIC was named receiver.

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

Deposits were transferred to **NO. STATE BK OF THIEF RIV.** (THIEF RIVER FALL, MN). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3161
- **FDIC Certificate:** 29041
- **FDIC FIN:** 7396
- **Bank name:** FIRST FS & LA OF THIEF RIVER FALLS
- **Location:** THIEF RIVER FALLS, MN
- **Failure date:** 1991-08-09
- **FDIC resolution date:** 1991-08-09
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $56M
- **Assets at failure:** $55M
- **Acquiring bank:** NO. STATE BK OF THIEF RIV. (THIEF RIVER FALL, MN)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20FS%20%26%20LA%20OF%20THIEF%20RIVER%20FALLS

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST FS & LA OF THIEF RIVER FALLS (FDIC ID 3161), failed 1991-08-09. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3161.

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