# HOME SA

> **Failed bank** · MINNEAPOLIS, MN · failed 1981-01-18 · SL · FDIC cost $74M

## What happened

HOME SA of MINNEAPOLIS, MN was closed by state regulators 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
- **Estimated FDIC DIF cost:** $74M
- **Deposits at failure:** $493M
- **Assets at failure:** $686M
- **Acquiring bank:** FIRST FS&LA OF MINNEAPOLIS (MINNEAPOLIS, MN)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=HOME%20SA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, HOME SA (FDIC ID 585), failed 1981-01-18. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/585.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*