# FIRST EXCHANGE BANK OF  ST. LOUIS

> **Failed bank** · ST. LOUIS, MO · failed 1992-05-07 · State commercial bank, Federal Reserve member · FDIC cost $7M

## What happened

FIRST EXCHANGE BANK OF  ST. LOUIS of ST. LOUIS, MO was closed by state regulators on **1992-05-07**. The FDIC was named receiver.

**Resolution:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors

Deposits were transferred to **MAGNA BK ST LOUIS CLAYTO** (CLAYTON, MO). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3322
- **FDIC Certificate:** 26613
- **FDIC FIN:** 4488
- **Bank name:** FIRST EXCHANGE BANK OF  ST. LOUIS
- **Location:** ST. LOUIS, MO
- **Failure date:** 1992-05-07
- **FDIC resolution date:** 1992-05-07
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- **Estimated FDIC DIF cost:** $7M
- **Deposits at failure:** $61M
- **Assets at failure:** $56M
- **Acquiring bank:** MAGNA BK ST LOUIS CLAYTO (CLAYTON, MO)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20EXCHANGE%20BANK%20OF%20%20ST.%20LOUIS

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST EXCHANGE BANK OF  ST. LOUIS (FDIC ID 3322), failed 1992-05-07. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3322.

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