Bank failure · IA
Capitol S&la (Mount Pleasant, IA) — failed February 21, 1986
Capitol S&la of Mount Pleasant, Iowa was closed on February 21, 1986 and resolved through a insured deposit transfer. Midwest Fs&la of Minneapoli (MN) took over its insured deposits. At failure it held $192.0M in assets and $180.5M in deposits. The FDIC's estimated loss on the failure is $99.0M (51.6% of assets).
- Closing date
- February 21, 1986
- FDIC certificate #
- 29920
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Midwest Fs&la of Minneapoli
- Insurance fund
- FSLIC
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- Citizens Bank & Trust Company LA
- Bank of Kansas City MO
- St. Louis Fs&la MO
- Farmers State Bank TX
- Lakeland State Bank MN
- Lago Vista National Bank TX
- First Bank & Trust Co. TX
- Landmark National Bank CO
- Barron County Fs&la WI
- Guaranty Federal Bank FSB WY
- First Savings of America IL
- The Citizens Bank of Windsor MO
- Cordell National Bank OK
- Firstsouth Fs&la AR
- First National Bank of Stewartville MN
- Panhandle Bank & Trust Company TX
- Hays State Bank KS
- Bank of Commerce TN
- Bank of Oklahoma, Okla. City, N.A. OK
- Gulf Federal Savings Bank LA
- First Security S&la CO
- First National Bank CA
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