Bank failure · MT

Great Falls Fs&la (Great Falls, MT) — failed December 30, 1988

Great Falls Fs&la of Great Falls, Montana was closed on December 30, 1988 and resolved through a a/a. Western Fs&la of Montana (MT) took over its insured deposits. At failure it held $128.0M in assets and $72.7M in deposits. The FDIC's estimated loss on the failure is $10.7M (8.3% of assets).