# COMMUNITY BANK

> **Failed bank** · HARTFORD, SD · failed 1983-06-17 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $6M

## What happened

COMMUNITY BANK of HARTFORD, SD was closed by regulators on **1983-06-17**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **WESTERN BANK** (SIOUX FALLS, SD). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 790
- **FDIC Certificate:** 6066
- **FDIC FIN:** 2352
- **Bank name:** COMMUNITY BANK
- **Location:** HARTFORD, SD
- **Failure date:** 1983-06-17
- **FDIC resolution date:** 1983-06-17
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $6M
- **Deposits at failure:** $28M
- **Assets at failure:** $32M
- **Acquiring bank:** WESTERN BANK (SIOUX FALLS, SD)

## Other banks WESTERN BANK has acquired in FDIC resolutions

- MARITIME BANK OF CALIFORNIA (LOS ANGELES, CA) — failed 1993-08-27 — /failed-bank/3473
- OLYMPIC NATIONAL BANK (LOS ANGELES, CA) — failed 1993-04-02 — /failed-bank/3447
- COLUMBIA NATIONAL BANK (SANTA MONICA, CA) — failed 1993-01-22 — /failed-bank/3433
- THE MERCHANTS BANK OF CALIFORNIA (BEVERLY HILLS, CA) — failed 1990-06-08 — /failed-bank/2805

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, COMMUNITY BANK (FDIC ID 790), failed 1983-06-17. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/790.

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