NORTHERN FS&LA Failed 1983
What happened
NORTHERN FS&LA of ST. PAUL, MN was closed on 1983-06-24. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to TWIN CITY FS&LA (MINNEAPOLIS, MN). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 792
- FDIC Certificate
- 28255
- FDIC FIN
- 1645
- Bank name
- NORTHERN FS&LA
- Location
- ST. PAUL, MN
- Failure date
- 1983-06-24
- FDIC resolution date
- 1983-06-24
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $2M
- Deposits at failure
- $135M
- Assets at failure
- $267M
- Acquiring bank
- TWIN CITY FS&LA (MINNEAPOLIS, MN)
Other banks TWIN CITY FS&LA acquired in FDIC resolutions