# FIRST FS&LA OF SIOUX FALLS

> **Failed bank** · SIOUX FALLS, SD · failed 1983-06-10 · SL · FDIC cost $7M

## What happened

FIRST FS&LA OF SIOUX FALLS of SIOUX FALLS, SD was closed by state regulators on **1983-06-10**. The FDIC was named receiver.

**Resolution:** A/A

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


## Key facts

- **FDIC ID:** 788
- **FDIC Certificate:** 30549
- **FDIC FIN:** 1644
- **Bank name:** FIRST FS&LA OF SIOUX FALLS
- **Location:** SIOUX FALLS, SD
- **Failure date:** 1983-06-10
- **FDIC resolution date:** 1983-06-10
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $7M
- **Deposits at failure:** $75M
- **Assets at failure:** $78M
- **Acquiring bank:** HOME FS&LA SIOUX FALLS (SIOUX FALLS, SD)

## Other banks HOME FS&LA SIOUX FALLS has acquired in FDIC resolutions

- FIRST DAKOTA HOME S&LA (PIERRE, SD) — failed 1983-06-10 — /failed-bank/789

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20FS%26LA%20OF%20SIOUX%20FALLS

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST FS&LA OF SIOUX FALLS (FDIC ID 788), failed 1983-06-10. Retrieved via AI Analytics 2026-05-21 from https://api.ai-analytics.org/failed-bank/788.

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