Bank failure · MN

Home Sa (Minneapolis, MN) — failed January 18, 1981

Home Sa of Minneapolis, Minnesota was closed on January 18, 1981 and resolved through a a/a. First Fs&la of Minneapolis (MN) took over its insured deposits. At failure it held $686.4M in assets and $492.6M in deposits. The FDIC's estimated loss on the failure is $73.6M (10.7% of assets).