Bank failure · MT

First Security Bank of Anaconda (Anaconda, MT) — failed March 16, 1992

First Security Bank of Anaconda of Anaconda, Montana was closed on March 16, 1992 and resolved through a purchase and assumption. Bank of Montana Anaconda (MT) took over its insured deposits. At failure it held $31.6M in assets and $30.2M in deposits. The FDIC's estimated loss on the failure is $6.0M (19.0% of assets).