# SCANDIA S&LA

> **Failed bank** · DES MOINES, IA · failed 1984-04-01 · SL · FDIC cost $3M

## What happened

SCANDIA S&LA of DES MOINES, IA was closed by state regulators on **1984-04-01**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **FIRST FINANCIAL S&LA** (DES MOINES, IA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 859
- **FDIC Certificate:** 30911
- **FDIC FIN:** 0
- **Bank name:** SCANDIA S&LA
- **Location:** DES MOINES, IA
- **Failure date:** 1984-04-01
- **FDIC resolution date:** 1984-04-01
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $66M
- **Assets at failure:** $65M
- **Acquiring bank:** FIRST FINANCIAL S&LA (DES MOINES, IA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SCANDIA S&LA (FDIC ID 859), failed 1984-04-01. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/859.

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