TellerScore

Bank failure · MN

Home Savings of America (Little Falls, MN) — failed February 24, 2012

Home Savings of America of Little Falls, Minnesota was closed on February 24, 2012 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $434.1M in assets and $432.2M in deposits. The FDIC's estimated loss on the failure is $43.0M (9.9% of assets).

Closing date
February 24, 2012
FDIC certificate #
29178
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
DIF
Pre-failure filings
Last reported financials

Other failures in 2012

What happens when a bank fails