TellerScore

Bank failure · SD

Department Stores National Bank (Sioux Falls, SD) — failed November 23, 2008

Department Stores National Bank of Sioux Falls, South Dakota was closed on November 23, 2008 and resolved through a obam. 0 (0) took over its insured deposits. At failure it held $374.9M in assets and $300.9M in deposits.

Closing date
November 23, 2008
FDIC certificate #
58180
Resolution
OBAM (assistance)
Acquiring institution
0
Insurance fund
DIF
Pre-failure filings
Last reported financials

Other failures in 2008

What happens when a bank fails