FIRST FS AND LA OF GRAND FORKS AND MINOT Failed 1984

What happened

FIRST FS AND LA OF GRAND FORKS AND MINOT of MINOT, ND was closed on 1984-04-02. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to MIDWEST FSB (MINOT, ND). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID

860

FDIC Certificate

29184

FDIC FIN

1654

Bank name

FIRST FS AND LA OF GRAND FORKS AND MINOT

Location

MINOT, ND

Failure date

1984-04-02

FDIC resolution date

1984-04-02

Charter type

SL

Resolution type

A/A

FDIC DIF cost (est.)

$40M

Deposits at failure

$211M

Assets at failure

$246M

Acquiring bank

MIDWEST FSB (MINOT, ND)