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Bank failure · SD

First Dakota Home S&la (Pierre, SD) — failed June 10, 1983

First Dakota Home S&la of Pierre, South Dakota was closed on June 10, 1983 and resolved through a a/a. Home Fs&la Sioux Falls (SD) took over its insured deposits. At failure it held $27.8M in assets and $26.1M in deposits. The FDIC's estimated loss on the failure is $1.8M (6.4% of assets).

Closing date
June 10, 1983
FDIC certificate #
31475
Resolution
A/A (assistance)
Acquiring institution
Home Fs&la Sioux Falls
Insurance fund
FSLIC

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