Bank failure · NE

Fairfield State Bank (Fairfield, NE) — failed May 31, 1985

Fairfield State Bank of Fairfield, Nebraska was closed on May 31, 1985 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $6.8M in assets and $6.0M in deposits. The FDIC's estimated loss on the failure is $1.7M (24.4% of assets).