INTER SAVINGS BANK, FSB D/B/A/ INTERBANK, FSB Failed 2012
What happened
INTER SAVINGS BANK, FSB D/B/A/ INTERBANK, FSB of MAPLE GROVE, MN was closed on 2012-04-27. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to GREAT SOUTHERN BANK (REEDS SPRING, MI). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 4002
- FDIC Certificate
- 31495
- FDIC FIN
- 10436
- Bank name
- INTER SAVINGS BANK, FSB D/B/A/ INTERBANK, FSB
- Location
- MAPLE GROVE, MN
- Failure date
- 2012-04-27
- FDIC resolution date
- 2012-04-27
- Charter type
- Savings bank
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $80M
- Deposits at failure
- $458M
- Assets at failure
- $464M
- Acquiring bank
- GREAT SOUTHERN BANK (REEDS SPRING, MI)
Other banks GREAT SOUTHERN BANK acquired in FDIC resolutions