BADGER STATE BANK Failed 2011

CASSVILLE, WI · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

BADGER STATE BANK of CASSVILLE, WI was closed on 2011-02-11. The FDIC was named receiver.

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

Deposits were transferred to ROYAL BANK (ELROY, WI). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3905
FDIC Certificate
13272
FDIC FIN
10339
Bank name
BADGER STATE BANK
Location
CASSVILLE, WI
Failure date
2011-02-11
FDIC resolution date
2011-02-11
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$19M
Deposits at failure
$79M
Assets at failure
$84M
Acquiring bank
ROYAL BANK (ELROY, WI)