# FIRST DAKOTA HOME S&LA

> **Failed bank** · PIERRE, SD · failed 1982-09-20 · SL · FDIC cost $1M

## What happened

FIRST DAKOTA HOME S&LA of PIERRE, SD was closed by state regulators on **1982-09-20**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **FIRST DAKOTA HOME S&LA** (SIOUX FALLS, SD). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 707
- **FDIC Certificate:** 31475
- **FDIC FIN:** 0
- **Bank name:** FIRST DAKOTA HOME S&LA
- **Location:** PIERRE, SD
- **Failure date:** 1982-09-20
- **FDIC resolution date:** 1982-09-20
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $26M
- **Assets at failure:** $28M
- **Acquiring bank:** FIRST DAKOTA HOME S&LA (SIOUX FALLS, SD)

## Other banks FIRST DAKOTA HOME S&LA has acquired in FDIC resolutions

- FIRST FS&LA OF SIOUX FALLS (SIOUX FALLS, SD) — failed 1982-09-20 — /failed-bank/706

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20DAKOTA%20HOME%20S%26LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST DAKOTA HOME S&LA (FDIC ID 707), failed 1982-09-20. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/707.

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