Bank failure · WI
Durand Fs & LA (Durand, WI) — failed March 30, 1989
Durand Fs & LA of Durand, Wisconsin was closed on March 30, 1989 and resolved through a insured deposit transfer. Branch Sale (NA) took over its insured deposits. At failure it held $106.6M in assets and $119.0M in deposits. The FDIC's estimated loss on the failure is $41.8M (39.2% of assets).
- Closing date
- March 30, 1989
- FDIC certificate #
- 29306
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Branch Sale
- Insurance fund
- RTC
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