FIRST BANK OF IDAHO, FSB Failed 2009

KETCHUM, ID · Savings bank · view on FDIC BankFind ↗

What happened

FIRST BANK OF IDAHO, FSB of KETCHUM, ID was closed on 2009-04-24. The FDIC was named receiver.

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

Deposits were transferred to U.S. BANK, NATIONAL ASSOCIATION (CINCINNATI, OH). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3621
FDIC Certificate
34396
FDIC FIN
10055
Bank name
FIRST BANK OF IDAHO, FSB
Location
KETCHUM, ID
Failure date
2009-04-24
FDIC resolution date
2009-04-24
Charter type
Savings bank
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$109M
Deposits at failure
$371M
Assets at failure
$491M
Acquiring bank
U.S. BANK, NATIONAL ASSOCIATION (CINCINNATI, OH)

Other banks U.S. BANK, NATIONAL ASSOCIATION acquired in FDIC resolutions