HOME SA Failed 1981

MINNEAPOLIS, MN · SL · view on FDIC BankFind ↗

What happened

HOME SA of MINNEAPOLIS, MN was closed on 1981-01-18. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to FIRST FS&LA OF MINNEAPOLIS (MINNEAPOLIS, MN). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
585
FDIC Certificate
28693
FDIC FIN
0
Bank name
HOME SA
Location
MINNEAPOLIS, MN
Failure date
1981-01-18
FDIC resolution date
1981-01-18
Charter type
SL
Resolution type
A/A
FDIC DIF cost (est.)
$74M
Deposits at failure
$493M
Assets at failure
$686M
Acquiring bank
FIRST FS&LA OF MINNEAPOLIS (MINNEAPOLIS, MN)